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On “The Claman Countdown,” Jim Farley introduces the automaker’s next-generation truck and explains why 5G capability is so important to Ford truck customers.
US automaker Ford Motor Co. opened its new global technology and business center on the outskirts of the Mexican capital on Monday after a $260 million investment.
According to a video shared on the company’s Twitter account, the new campus will host business operations, global transformation activities and the largest engineering center in Mexico.
The campus in the municipality of Naucalpan is designed to accommodate 9,000 employees who work hybridly, splitting time between home and campus, Ford Motor said in a statement.
Several foreign car companies have expanded operations and announced new investments in Mexico this year.
2021 Ford Mustang Mach-E | Fox News
FORD AND GM CLAIM TO HAVE THE TOP SELLING TRUCKS. SO WHO DOES?
| Ticker | Security | The last one | Change | Change % |
|---|---|---|---|---|
| F | FORD MOTOR CO. | 13.39 | +0.01 | +0.07% |
In October, foreign automakers Volkswagen and Continental pledged major investments totaling nearly $1 billion, while earlier this year Nissan announced a $700 million investment over the next three years.
FORD SALES SLIP 8.9% IN SEPTEMBER AFTER SIGNIFICANT GROWTHS IN JULY AND AUGUST.
| Ticker | Security | The last one | Change | Change % |
|---|---|---|---|---|
| STLA | STELLANTIS NV | 13.72 | +0.21 | +1.59% |
| TESLA | no | no | no | no |
The influx of money from the auto industry could continue in Mexico after Jeep maker Stellantis said it plans to invest billions to produce electric vehicles in the country and Tesla CEO Elon Musk is considering investing in the north of the country, according to sources. by Reuters.
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