Ford to invest US$ 1.6 billion in small car plant in Mexico

The US-based automaker is investing US$ 1.6 billion (Rs 10,660 crore) in the facility, which begins construction this summer. The new plant will create 2,800 additional direct jobs by 2020.

06 Apr 2016 | 4093 Views | By Autocar Pro News Desk

In order to increase its competitiveness, Ford Motor Company is investing in a new small car plant in Mexico, building a new manufacturing site in San Luis Potosi State.

The US-based automaker is investing US$ 1.6 billion (Rs 10,660 crore) in the facility, which begins construction this summer. The ...

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