Wednesday, April 11, 2012

Consumer Cyclical Sector Review: Ford Plans in China

Ford Motor Company (NYSE:F): Ford (NYSE:F) is expected to shortly announce plans to invest $600M to turn Chongqing into its major manufacturing center for passenger cars, according to the Wall Street Journal.

The shares closed at $12.47, down $0.03, or 0.28%, on the day. Its market capitalization is $47.58 billion.

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