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Story Stocks: Ford Motor (NYSE: F), Microsoft (NASDAQ: MSFT), Advanced Micro Devices (NYSE: AMD)
Ford Motor (NYSE: F) said it will invest 4 billion reais ($2.3 billion) to expand in the growing Brazilian market, the largest capital committment it has made in the country. The five-year plan includes boosting the capacity of the Camacari factory that makes the Fiesta small car and modernizing the Troller plant that builds utility vehicles. The Dearborn, Michigan based company also will invest in new models for Brazil. The auto industry in Brazil, South America’s largest economy, is headed for record sales this year, the country’s automakers association stated last month. Ford ranks fourth in Brazil, behind Fiat SpA,…
20Nov2009 | Jutia Group | 1 comment | Continued
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