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DETROIT -- Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which it plans to sell globally.
The Dearborn, Mich.-based automaker confirmed speculation that it will ramp up its production capacity in the country in an effort to grab a bigger slice of the burgeoning auto market there and throughout the Asia Pacific regions.
Ford to build new assembly plant in China - washingtonpost.com (http://www.washingtonpost.com/wp-dyn/content/article/2009/09/24/AR2009092405303.html?hpid=sec-business - broken link)
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