Ford eyes China's wealthy drivers with coastal plant

Newswire

By Deepa Seetharaman HANGZHOU, China, Aug 29 (Reuters) - Ford Motor Co and its Chinese partner will begin building its first factory on China's coast, where the U.S. automaker can easily access the country's growing number of affluent buyers. The $760 million factory is one of five Ford is building to cement its place in the world's largest auto market. Ford is also building a third assembly plant at its manufacturing hub in the central Chinese city of ...

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