VALENCIA, Spain – Ford of Europe’s plan to invest E812 million ($1.2 billion) between now and 2013 at its Almussafes assembly plant near here is part of a bigger move to reorganize the auto maker’s manufacturing activity, says President and CEO Stephen Odell. The money will be used to prepare Valencia’s assembly lines for next-generation versions of the Ford Kuga cross/utility vehicle and Transit Connect light-commercial vehicle. The Kuga assembly line will account for E230 million ...
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