Why Ford and Its Rivals Are Investing Big in Mexico

Ford's hot Fusion sedan is produced in a big factory in Hermosillo, Mexico -- and that factory has recently been working around the clock to keep up with demand. Photo credit: Ford Motor Co.

Investors have watched with great interest as Ford General Motors Volkswagen  and other big names have poured billions into new factories in China. But there's another auto boom happening a lot closer to home: All three of those giants, and several others, are pouring funds into new factories in Mexico as well.


Nearly 3 million new vehicles were built in Mexico last year, a number that could rise substantially in years to come. What's driving this auto boom? As Fool.com contributor John Rosevear explains in this video, Mexico's skilled, low-cost workforce -- and the North American Free Trade Agreement -- make the nation a great base for automakers looking to expand in the huge U.S. market.

Fight back against higher taxes!
Tax increases that took effect at the beginning of 2013 affected nearly every American taxpayer. But with the right planning, you can take steps to take control of your taxes and potentially even lower your tax bill. In our brand-new special report "How You Can Fight Back Against Higher Taxes," the Motley Fool's tax experts run through what to watch out for in doing your tax planning this year. With its concrete advice on how to cut taxes for decades to come, you won't want to miss out. Click here to get your copy today -- it's absolutely free.

The article Why Ford and Its Rivals Are Investing Big in Mexico originally appeared on Fool.com.

Fool contributor John Rosevear owns shares of Ford and General Motors. You can connect with him on Twitter at @jrosevearThe Motley Fool recommends BMW, Ford, and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Socially Responsible Investing

Invest in companies with a conscience.

View Course »

Reading a Stock Quote

Learn to read the ingredients of a stock.

View Course »

Add a Comment

*0 / 3000 Character Maximum