SAO PAULO – Ford Motor Co. awards iron foundry Tupy Fundicoes SA the production contract for the compacted graphite iron (CGI) cylinder block of its new 2.7L V-6 diesel engine to be produced beginning in 2003. The new engine is to become the range-topping powerplant in the combined Ford-PSA Peugeot Citroen global diesel engine strategy and will be used in PSA, Ford, Jaguar Cars Ltd. and Land Rover vehicles. The sale to Ford-owned Jaguar reportedly involves a $219 million contract spread ...

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