Ford (F +0.3%) confirms a $600M investment in its Chongqing plant in China, with the firm making...


Ford (F +0.3%) confirms a $600M investment in its Chongqing plant in China, with the firm making the investment along with JV partners Changan Automobile and Mazda (MZDAF.PK). The plan is to raise annual output by over 50% to 950K units - above expectations of 770K - as Ford looks to boost global sales by almost half to 8M cars a year by 2015.
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Comments (3)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    The growth for the future is not in the USA....and people think all that corporate money is going to flow back to the USA...NOT....it will build factories where the growth is...and will buy companies where the growth is...and where doing business does not take 2,000 lawyers to run a company....and folks..that is not in the USA
    5 Apr 2012, 10:31 AM Reply Like
  • Dukester
    , contributor
    Comments (101) | Send Message
     
    The US needs a tax policy that encourages companies to bring some of their cash back home.
    5 Apr 2012, 11:04 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    There is a vehicle for almost every registered driver in the U.S. Higher gas prices mean better planning and fewer miles driven, lengthening the replacement time for vehicles. Growth in the U.S. auto market will be tepid. But the automakers are multinational so they may still be an investment if their worldwide planning is proper.
    5 Apr 2012, 02:29 PM Reply Like
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