Ford to move production to Mexico: Report

[240 is Back]

Auto giant Ford is planning a new assembly plant south of the U.S. border, the Wall Street Journal reported Sunday, and will sharply increase factory output from Mexico just months after signing a labor deal. Citing people familiar with the matter, The Journal reported that Ford will add half a million units of annual capacity from Mexico starting in 2018, which is double the amount it built in 2015. The new assembly complex will be based in An Luis Potosi, and Ford will expand an existing facility near Mexico City

[BayGBM]

Have you ever lived in Mexico?  Visited Mexico?  Do you know anything about car production in Mexico?  Most car makers have a plant in Mexico for two very good reasons:  a) low cost of production and b) by Mexican law you cannot sell a car in Mexico unless it is manufactured in Mexico.

Car and Driver had an article about car making in Mexico a few months ago. http://blog.caranddriver.com/hecho-en-mexico-the-state-of-auto-manufacturing-south-of-the-border/