Ford Motor Co. announces it has signed an agreement with Fiat Auto SpA to study the feasibility of jointly manufacturing engines in India. The engines would be destined for the automakers' respective future vehicles for the Indian market. The two companies are contemplating the possibility of using a plant in Kurla, India, already owned by Fiat for engine production, but whether the Kurla plant is an eventual production site will be determined by the study, says Ford, along with other ...

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