Ford Partially Designing Cars in Mexico

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Nov. 29 (Bloomberg) -- Erik Schatzker reports on today's top story out of Latin America. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Cars in mexico, now some are being designed, at least in part, in mexico.

That is today's latin america report.

Ford has nearly tripled the number of engineers they employ in mexico, they're not -- now about 1000. they have filed for several patents, chrysler is also adding engineers.

That company figures it takes 1.3 engineers in mexico to do the work of one here in the u.s.. part of that may be a function of experience.

In michigan, it is 25 years, where in mexico you need to be on the job eight years.

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The european markets closing

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