VALENCIA – Ford Motor Co.’s Spanish plant in Almussafes, a small village near the Mediterranean Sea, is the U.S. auto maker’s third global facility to begin production of the new-generation Fiesta B-car. Ford spent €300 million ($390 million) to modernize the Almussafes assembly lines for the new model. Production of the first-generation Fiesta began there in 1976. “This investment accounts for nearly 70% of the investment arranged by the company in 2007,” says Ford of Spain CEO ...

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