Home > Ford To Invest $900 Million At Second North American Plant

Business
Ford To Invest $900 Million At Second North American Plant

Description

Reuters reports that Ford Motor Co unveiled plans for producing a fully electric vehicle. The auto manufacturer made the announcement on Wednesday, saying the electric model will be made at a second North American plant as part of its $11 billion investment plan set last year. The U.S. automaker said it will be investing $900 million in southeast Michigan and creating 900 jobs through 2023 as part of its electric vehicle push.

Added on the 20/03/2019 11:43:25 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Start of production for the new EQS SUV at Mercedes-Benz in Alabama

    Mercedes-Benz is exclusively producing the all-electric EQS SUV at its North American passenger vehicle plant. These vehicles rolling off the line is a key step in Mercedes-Benz Cars’ global initiative to produce eight all-electric vehicles at seven sites on three continents this year. The full-size EQS SUV is integrated in series production at the Mercedes-Benz Tuscaloosa plant in Alabama, which has been the production site for large SUVs bearing the three-pointed star since 1997. Tuscaloosa serves as a key production location for Mercedes-EQ luxury electric SUVs: the EQS SUV and EQE SUV, which goes into production later this year.The Tuscaloosa plant uses state-of-the-art digital, sustainable, efficient and flexible production methods and follows the blueprint of the company`s Factory 56 in Sindelfingen, Germany, which symbolizes the future of automotive production of Mercedes-Benz. Thanks to early investments into flexible production and the use of the state-of-the-art MO360 digital production ecosystem, Mercedes-Benz is already able to produce battery-electric vehicles in large volumes.

    30/08/2022 - Auto Moto EN
  • From Florida Resort, Trump Holds Economic Fate Of 14 Million American Workers In His Hand

    President Donald Trump faces a ticking clock with respect to the current proposed COVID-19 relief package. Trump has suggested he may reject the $900 billion package that Congress approved earlier this week unless lawmakers include $2,000 stimulus payments. Business Insider reports Trump could cost jobless workers a week of $300 federal unemployment benefits if he fails to sign the bill by midnight Saturday. Business Insider reports nearly 14 million Americans may lose all their unemployment aid this weekend if the bill doesn't pass. Labor experts say a two-to-three week gap in unemployment benefits is inevitable, as states need to recalibrate their computer systems to send the payments.

    26/12/2020 - Wochit
  • The All New Ford Fusion revealed at the 2012 North American International Auto Show

    The All New Ford Fusion revealed at the 2012 North American International Auto Show

    26/09/2012 - Auto Moto EN
  • The All New Ford Fusion revealed at the 2012 North American International Auto Show

    The All New Ford Fusion revealed at the 2012 North American International Auto Show

    25/09/2012 - Auto Moto EN
  • Ford Press Conference from the North American International Auto Show Vertrek Concept

    Ford Press Conference from the North American International Auto Show Vertrek Concept

    26/09/2012 - Auto Moto EN
  • Ford Press Conference from the North American International Auto Show Vertrek Concept

    Ford Press Conference from the North American International Auto Show Vertrek Concept

    25/09/2012 - Auto Moto EN

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34