Ford to move all small-car production to Mexico from U.S.: CEO
By Bernie Woodall and David Shepardson
(Reuters) – Ford Motor Co Chief Executive Officer Mark Fields said on Wednesday that all of the company’s small-car production will be leaving U.S. plants and heading to lower-cost Mexico.
“We will have migrated all of our small-car production to Mexico and out of the United States,” over the next two to three years, Fields told Wall Street analysts at an investor conference hosted by the automaker.
Earlier this year, Ford said it w
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