Click above for high-res gallery of the production Ford FiestaIn a press release today officially announcing that the new Fiesta will be built at its Cuautitlán Assembly Plant in Mexico starting in 2010, Ford confirmed what we all expected: in addition to the Fiesta Sedan, it's going to build the Fiesta Hatchback for U.S. customers, as well. Previously, Ford has said it would only build the sedan version of the Fiesta for the U.S., perhaps believing that hatchbacks were still a hard sell in the U.S. Rising gas prices have erased most of the negative stigmas associated with hatchbacks, which are generally perceived to be both highly practical to own and fuel efficient to drive. Curiously enough, the Cuautitlán Assembly Plant that's being converted to build Fiestas used to build full-size F-150 trucks for the Mexican market. Now it will build small cars for all of North America.
Ford also announced that its Chihuahua Engine Plant in Mexico that currently makes four-cylinder engines will add diesel engines for light- and medium-duty trucks to its assembly lines, and that a brand new transmission plant will be built in Guanajuato in a joint-venture with Getrag. All told, Mexico will be getting a $3 billion investment from Ford and its suppliers, the largest ever automotive investment according to Ford, and around 4,500 new jobs will be created as a result.
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