UK: Ford to invest £1.5bn in four facilities

Ford has announced it is preparing to invest £1.5bn (US$2.3bn) in its four UK facilities over the next five years after securing a £360m UK Government loan guarantee. The UK Secretary of State for Business, Peter Mandelson, announced the £360m backing of Ford's £450m application to the European Investment Bank (EIB) Subscribe to Automotive World … Continued

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• March 18, 2010