Ford is reportedly intending to start a new plant in Mexico with an aim to boost its production capacity of US plants. This move by the company reflects its rival General Motors' investment plan of $5 billion to multiply the production capacity in Mexico within 2018.
Gulf of Mexico oil spill
Breaking News
BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
A Russian state firm has offered to buy BP's half share in its huge oil joint venture.
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