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Old 02-10-2019, 05:56 AM
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Default Why Ford is Betting $1 Billion on Future SUVs

Ford is spending $1 billion on upgrades to build the next generation of Explorers and police SUVs. Ford announced the ambitious plan at the Chicago Auto Show.





Ford is betting big on the future success of its newly redesigned 2020 Ford Explorer. Ford is spending $1 billion to upgrade the Chicago Assembly plant and stamping plant on the cityís south side. Chicago Assembly is Fordís longest continually operating vehicle assembly plant, having been in operation since 1924.

Ford announced the huge investment at the Chicago Auto Show. Ford is also adding 500 workers to build the 2020 Ford Explorer, the all-new Lincoln Aviator and the all-new Police Interceptor Utility vehicle at the plant.






Why Ford is Betting $1 Billion on Future SUVs
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