Ford to Invest $1.3 Billion in Mexico
Ford Motor Co. says it plans to invest $1.3 billion at its assembly and stamping plants in Hermosillo, Mexico, to prepare for the production launch of the next-generation Ford Fusion and Lincoln MKZ sedans for the North American market.
Ford Motor Co. says it plans to invest $1.3 billion at its assembly and stamping plants in Hermosillo, Mexico, to prepare for the production launch of the next-generation Ford Fusion and Lincoln MKZ sedans for the North American market.
The company says the investment will create 1,000 jobs over the next few years.
The Fusion and MKZ will be the first models to be ride on Ford's new global midsize platform. The Hermosillo factory will produce gasoline-powered, hybrid and plug-in hybrid versions of the Fusion.
The Fusion will go on sale this autumn. Ford will publicly unveil the MKZ at the New York auto show this week.
RELATED CONTENT
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.