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

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.
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  • Venerability
    , contributor
    Comments (3043) | Send Message
     
    Note that the well-attended - and well-covered by media - New York Auto Show opens this weekend, while the markets are closed.

     

    If you don't have a position yet, it might be a very good day to pick up an automaker or two.
    5 Apr 2012, 09:13 AM Reply Like
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