AutoAlliance (Thailand) Co. Ltd. opens a new $500 million compact-car plant intended to meet global demand for fuel-efficient vehicles. The facility, a 50-50 joint venture between Ford Motor Co. and Mazda Motor Corp., primarily will serve the export markets. Initially, it will build the Ford Fiesta and Mazda2 compact cars. However, it eventually will supplement Ford Ranger and Mazda BT-50 pickup truck production, as well. Until now, the AAT, established in November 1995, only ...

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