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Ford plans to invest $600 million to more than double manufacturing capacity in Chongqing to 770,000 by 2014. This comes at a time of major slowdown in the market in China after years of hyper growth. Ford lags behing GM and VW in China and missed some of the spurt in growth.
Ford Plans to Boost Production in China
Wall Street Journal 04/06/2012
Wall Street Journal 02/27/2012
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