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Ford to increase production of Mustang cars

DETROIT, March 17 (Reuters) - Ford Motor Co. said on Thursday it will increase production of the redesigned Mustang cars by more than 70 percent this year to meet demand.

The second-largest U.S. automaker will increase production of the iconic pony car to more than 192,000 units this year, up from 112,000 units from the previous year.