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Ford $2.5 billion adds to auto boom in Mexico

Wednesday, April 15, 2015


Ford on Friday will announce an investment of about $2.5 billion in Mexico, industry sources said, the latest multibillion-dollar outlay in the country's booming auto sector.

Ford will invest $1.3 billion to expand its plant in northern Chihuahua state, where it will build two new diesel engines, with another $1.2 billion planned for a transmission plant in central Guanajuato state.




Source: Reuters