Ford settles on second China car production site


SHANGHAI, Feb 23 (Reuters) - U.S. auto giant Ford Motor Co is planning to build its second car plant in China in the eastern city of Nanjing, close to the booming metropolis of Shanghai, the company said on Monday. Ford, a latecomer to the country's galloping auto sector, on Saturday signed a memorandum of understanding to use land at an industrial estate in Nanjing, a three-hour drive from Shanghai. The company declined to give details on what models the new plant would make or the ...

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