Ford invests in emerging markets in Brazil, Argentina with first profitability in four years

Wasting no time trying to sustain the new period of profitability, Ford Motor Co. is investing in Brazil, Argentina and South Africa to increase sales in these emerging markets.
Ford reached its first profitable year in 2009 since 2005, and the company seeking to revamp its facilities in the three countries, with improvements amounting to totals of $207 million in South Africa, $282 million in Brazil and $250 million in Argentina, Ford said this week.
Ford trails GM, Fiat, Toyota and Volkswagen in sales the South American countries.
Investments in these countries follows an almost $1.5 billion investment in Asian countries.

Source: BusinessWeek

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