LONDON – First Standard & Poor’s cuts Ford Motor Co.’s debt rating to the lowest level above junk bonds, and now the auto maker’s chief designer J Mays says the Ingeni European studio will close. J Mays created Ingeni studio. The two events are inexorably linked. Ford no longer can afford the luxury of a studio, largely funded by its Premier Automotive Group – Land Rover, Volvo, Jaguar and Aston Martin – that’s effectively outside the traditional car-making system. (See ...
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