Wednesday, July 27, 2011

Ford to Increase Its Plant Capacity in India

NEW DELHI — The Ford Motor Company plans to invest almost $1 billion in northwest India, building factories to make nearly a quarter of a million cars a year, company executives said on Wednesday.
The investment is Ford’s latest push into fast-growing markets in Asia and Africa, where it lags other big automakers.
The company’s chief executive, Alan R. Mulally, said this year that Ford aimed to get a third of its sales from these two regions, about double what it

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