(KTAR) — DETROIT (AP) — Ford Motor Co. says it’s moving all of its U.S. small car production to Mexico.
Ford CEO Mark Fields confirmed the long-expected move Wednesday during an event for investors and Wall Street analysts.
Ford currently makes its Fiesta subcompact in Mexico, but its Focus and C-Max small cars are made in suburban Detroit. Making them in Mexico would boost company profits because of low wages there.
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