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Keyword: maquilaforda

Ford Eyes Massive Mexican Investment (Ford's 9.2 billion Mexican plan)

06/14/2006 4:39:36 PM PDT · by Las Vegas Dave · 37 replies · 938+ views
TheCarConnection.com ^ | 6-14-2006 | Joe Szczesny

The Ford Motor Co. is studying a $9.2 billion investment in Mexico over the next six years. The mega-investment would be structured as part of the sweeping Way Forward turnaround plan that the auto giant kicked off back in January in a bid to reverse multi-billion-dollar North American losses. The investment estimates were included in a secret document prepared by Ford of Mexico and obtained by a member of TheCarConnection.com team. "The Way Forward - Mexico (offers an) opportunity to further leverage Ford of Mexico cost advantage and location to reduce corporate fixed costs. Mexico is ready - fast and...

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