As it proceeds with plans to slash jobs and shutter factories in North America, Ford Motor is expanding aggressively in Asia, announcing Tuesday a $500 million investment to build a car plant in Thailand just two weeks after opening a $510 million manufacturing center in Nanjing, China.

Ford Motor Company is an American multinational corporation and the world’s third largest automaker after Toyota and General Motors, based on worldwide vehicle sales. In 2006, Ford was the second-ranked automaker in the US with a 17.5% market share, behind General Motors (24.6%) but ahead of Toyota (15.4%) and DaimlerChrysler (14.4%)[3]. Ford was also seventh-ranked […]