Ford (F -1.1%) is expected to unveil, possibly today, plans to spend $600M on expanding its...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (F -1.1%) is expected to unveil, possibly today, plans to spend $600M on expanding its plant in the inland Chinese city of Chongqing. Capacity will increase by 350K vehicles to 770K as Ford looks to drive sales in China and catch up with market leaders GM and Volkswagen.