Ford is investing C$700 million in its Oakville, Canada plant, to boost surging crossover sales of the Ford Edge.
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The 2014 Ford Fiesta earns best-in-class fuel economy.
Ford has fared extremely well of late here in the U.S., but according to a recent report, top brass at the Blue Oval are bracing for what may be a dismal outlook in European sales in the coming years.
Ford released its fourth quarter and annual earnings today and the amounts are the highest in more than a decade: full-year pre-tax profit of $8 billion, and net income of $5.7 billion.