Ford says to spend $3.0 bln on Mexican plants

Newswire

MEXICO CITY, May 30 (Reuters) - Ford Motor Co Chief Executive Alan Mulally said on Friday the company and its suppliers would invest $3 billion in plants in Mexico. The company had been expected to announce that it would build its new global car, the Fiesta, in Mexico for future sale in the U.S. market, according to media reports. (Reporting by Cyntia Barrera)

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