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)
Premium Content (PAID Subscription Required)
"Ford says to spend $3.0 bln on Mexican plants" 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!
Current subscribers, please login or CLICK for support information.