Auto Industry
Industry: Email Alert RSS FeedFord-Alfa Autoparts Alliance Continues To Grow
Autoparts Report, Feb 23, 2001
An autoparts alliance between Ford Motor Co. and Mexican industrial conglomerate Grupo Alfa has fared relatively well, despite a slump in U.S. auto sales, according to a report in Mexico City daily Reforma. Ford last year boosted its stake in Alfa autoparts subsidiary Nemak by 30 percent, with Nemak taking control of two mono-block and aluminum head plants owned by Ford in Windsor, Canada, Reforma reported.
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The two Windsor plants reportedly produce 3.8 million engine heads and 1.2 million mono-blocks per year.
COPYRIGHT 2001 Ron DeMarines
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