RSS RSS Twitter Twitter
Leftlane - news, reviews, and info for the auto-industry
 
 

Ford eyes major investment in Mexico

06/14/2006, 6:27 PM

By admin

Ford is preparing to make a $9.2 billion investment south of the border, according to a leaked document published in the Oakland Press Wednesday. The news comes just days after BusinessWeek reported that the next-generation Ford Focus would be built in Mexico, and Leftlane brought you spy shots of the Euro Focus in testing in the country. “Governors and others who want to get work in their states are courting us. We have no intention or plans of (sic) give them work,” the document says.

The document said Mexico offers an “opportunity to further leverage Ford of Mexico cost advantage and location to reduce corporate fixed costs. [...] Mexico is ready – fast and reliable solution and an established organization with proven capabilities to build from. [...] We will leverage our global scale like never before and Mexico is a key partner as we’re targeting lower fixed costs, better quality and speed to deliver our Way Forward plans,” the document said.

A Ford spokesperson could not confirm the existence of the document, and said he has not seen it.

    Print This Post

New car price quote

Zero obligation price quote from a trusted local dealer.
 
 

06/14, 6:34 PM

posted by:

Ahk-Med

While Toyota and Honda build new plants in the US. Who were the “domestic” manufactureres again?

06/14, 6:38 PM

posted by:

1c3d0g

Let me refresh your memory, since you seem to be having quite a struggle with temporary amnesia: General Motors, Ford, and Chrysler. :-)

06/14, 6:41 PM

posted by:

Renton

It’s that” enormous sucking sound” Perot was talking about years ago. If I was an American car company, I ‘d rather leave the counrty than deal with the UAW.

06/14, 7:22 PM

posted by:

Sean

Who cares. After all, its really only working-class Americans who are losing their jobs to outsourcing. :P

06/14, 8:15 PM

posted by:

Atomicbri

LOL! Buy American or buy Mexican? I agree with Number #1 and wonder who is “domestic”? While GM and Ford are outsourcing jobs and all, Tioyota, Honda, Nissan, Hyundai and maybe even Kia will be building more plants and operating current plants here hiring American workers and providing jobs to Americans….. ALl the while GM and Ford are moving jobs out of America….hmmm….Buy American?? OK! Make my next car a Honda or Toyota then!

06/14, 8:33 PM

posted by:

dubTwo

read the article this morning… its fantastic to hear Ford is trying to improve itself by closing 8 plants in the USA by 2008. That shows they care about the American auto-workers. You think the UAW would get their heads out of their asses and realize they caused the problem and are going to be screwed in the end. I will continue to buy Honda Accords which are more than 80% produced in the USA.

06/15, 4:56 AM

posted by:

animal

I can confirm that several colleagues from FMC in the UK have been to Mexico to look at Mk2 Focus production.

06/15, 8:41 AM

posted by:

grs

Meanwhile, the profits from your Hondas go back to Japan (another big sucking sound).

Don’t forget that there’s more to “making” a car than assembling them, and very little of that happens in the US outside of GM, Ford and Chrysler. The “big 2-1/2″ still employ way more jobs in the US than all the Asians and Europeans.

06/15, 12:14 PM

posted by:

Ahk-Med

Profits from these publicly traded companies don’t “go back to Japan”, they go to shareholders. Yes, a mojority of the shareholders may be Japanese, but I suggest you check your 401k. You might be a sharholder in the Japanese auto companies… Would you hate yourself for that?

06/21, 10:47 AM

posted by:

Toad

My Toyota is far more domestic than some of GMs current models. People need to do their research – GM currently markets at least 3 Korean made vehicles, along with Fords Mexican cars. Buy GMs Korean cars, and Fords Mexican cars over my Toyota made in the US? No way… You also need to remember it’s not just plant jobs being supported – there are also sales people and mechanics being employeed by these so called “Imported” companies. They are no longer Imports.

 
 
You need to log in with your user name and password before you can leave comments.

    

Forgot your Password?

Don't have a user name yet? Simply fill in the form below and click the link provided in the
confirmation email. You must supply a valid email address to complete the registration process.

  
 
 
 
 
  • Login
  • About
  • Contact
Please note that you need to log in with your user name and password before you can leave comments.
  

login
cancel
Forgot your Password?
Don't have a user name yet? Click here to register now.

Simply fill in the form below and click the link provided in the confirmation email. You must supply a valid email address to complete the registration process.

  
submit
cancel
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is updated throughout the day with the very latest auto news - as it happens.

Leftlane also provides consumers with accurate and media-rich information on every car currently on the market. In-market shoppers can review specs, read overviews, view high-resolution images, watch videos, and estimate pricing. No other automotive publication brings together the same degree of timeliness, thoroughness and accuracy as Leftlane.
 
submit
cancel