Monday, April 12, 2010

2011 Ford Uses New Profits to Chase GM and Toyota

2011 Ford Uses New Profits to Chase GM and ToyotaFord Motor Co. is increasing its investments in the emerging markets in South America and South continent in order to catch up with General Motors Co. and Toyota Motor Corp.

In an interview, Rebecca Lindland, an IHS Global Insight Inc. forecaster, said that Ford was “very, rattling unhealthy” only a few eld ago, but that it is now able to start investing again. In particular, Ford revealed this hebdomad that its spending to retool factories in South continent will increase by $207 million, while it will add $281 meg for Brazil, and $250 meg for Argentina.

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