Ford Motor in China, India

From AP:

Ford Motor Co. said Friday it plans to spend $490 million on building a third assembly plant in China, ramping up production to meet surging demand in this fast-growing market as the U.S. automaker expands in Asia.

The factory, to be built in the central Chinese city of Chongqing, will make the next-generation Focus compact car, which Ford plans to sell globally.

The announcement from Chongqing came the day after the Dearborn, Michigan-based automaker unveiled a made-in-India compact car - part of a plan to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth.

"Today's announcement reinforces our commitment to the further expansion of our China operations to meet the continued rise in demand from Chinese consumers for world-class Ford products and services," Ford chief executive Alan Mulally said in a statement.

In India earlier this week, Mulally said he expects a third of global car sales to come from Asia in 20 years, a third from the Americas and a third from Europe and Russia.

I bet you could get a good price on an Indian or Chinese Ford but you probably couldn't import one into the U.S. without expensive upgrades.

Heh. Surging demand in Asia while dealerships in the U.S. are folding. What's wrong with this picture?