Ford is moving all its North American small-car production to Mexico

Ford Motor Co. is shifting all of its North American small-car production to Mexico, Chief Executive Mark Fields said Wednesday. "Over the next two to three years, we will have migrated all of our small-car production to Mexico and out of the United States," Fields said. 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. The company is building a 1.6-billion assembly plant in San Luis Potosi, Mexico.