Ford to invest $2.5B in powertrain plants in Mexico

April 15, 2015 6:55 PM

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Ford is expected to announce Friday it will invest $2.5 billion in Mexico to build new engines and transmissions as part of a drive to increase fuel efficiency across its product portfolio.

The announcement is expected to confirm plans to build Ford's 1.5-liter turbocharged four-cylinder EcoBoost gasoline engine in North America for the first time.

Also read: GM to Invest $1 Billion in U.S. Manufacturing Operations

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