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tdp2664 E money daily Ford Motor Company (NYSE:F) has decided to increase investment in its Chennai plant in India. Ford Motor Company (NYSE:F) To Boost Investment As a part of the move to roll out a new global compact SUV, the US based auto maker major Ford Motor Company (NYSE:F) is investing about $142 million in its Chennai plant in India. The SUV, which was unveiled at the Delhi Auto Show 2012, is expected to be launched in India later this year. On top of this, Ford Motor Company (NYSE:F) will be coming up with a second production unit in Sanand, Gujarat and have invested $1 billion towards the same. Ford Motor Company (NYSE:F) stocks were at 11.71 at the end of the last day’s trading. There’s been a 9.5% change in the stock price over the past 3 months. Ford Motor Company (NYSE:F) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.64 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.79 Zack’s Rank: 4 out of 6 in the industry
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