Ford Confirms Mexico Expansion

Ford Motor Co. confirmed press reports it will expand output in Mexico as it seeks to reduce reliance on its high-cost U.S. plants. Ford will invest an unspecified amount at its large plants in Hermosillo, Sonora, Chihuahua, Chihuahua and Mexico City. Ford started producing cars in Mexico in 1925. The company did not confirm earlier reports it would invest $9 billion in the plants.