July 27 (Reuters) - Ford Motor Co plans to invest $1 billion to build a factory in western India to gain a greater share of one of the fastest-growing car markets, the Financial Times reported on Wednesday. The U.S. automaker plans to announce its plans on Thursday, according to the report, which cited Ford's head of Asia-Pacific and Africa Joe Hinrichs. The factory in Gujarat, expected to be up and running by 2014, will employ 5,000 people and is expected to have an initial annual ...
Premium Content (PAID Subscription Required)
"Ford to build billion dollar plant in India-report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642