• Angry
  • Awesome
  • Hungry
  • Secret
  • Results 1 to 2 of 2

    Thread: Ford to invest $2.5B in Britain for green tech

    1. #1
      Global Moderator
      Driving Worlds fastest truck!!
       
      Awesome
       
      shishirbn's Avatar
      Join Date
      Dec 2009
      Location
      Namma BENGALURU
      Posts
      19,588

      Ford to invest $2.5B in Britain for green tech

      Ford Motor Co. today announced that it will invest $2.5 billion in its four British facilities over the next five years to produce more environmentally friendly powertrains and vehicles.

      The move came after the Dearborn automaker received $550 million in loan guarantees from the British government. That was expected to secure Ford's $689 million application to the European Investment Bank.

      "Ford welcomes this positive support from the government," said Ford of Britain Chairman Joe Greenwell. "It greatly assists in delivering Ford's commitment to invest $2.5 billion in new, affordable, volume-produced, low CO2 technologies."

      Ford's research-and-development center in Dagenham in Essex will receive funds to pay for the research, development and manufacture of low-carbon technology for both cars and commercial vehicles.

      Ford's factory in Bridgend is gearing up to produce a new EcoBoost engine that will debut in the new Ford C-MAX this fall.

      Its Southampton plant also will receive new investment, as will its Dagenham factory.
      Source :: Ford to invest $2.5B in Britain for gre ... troit News
      Try walking into YOUR car rather than crawling. For me walking is always best ---GURU SHISHIR

    2. #2
      Global Moderator
      Driving Worlds fastest truck!!
       
      Awesome
       
      shishirbn's Avatar
      Join Date
      Dec 2009
      Location
      Namma BENGALURU
      Posts
      19,588
      So much for green technology. What all R&D work might be happening and how much of outsourcing will happen we never know
      Try walking into YOUR car rather than crawling. For me walking is always best ---GURU SHISHIR

    Thread Information

    Users Browsing this Thread

    There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. Right-Hand Drive Camaro- ON HOLD for Aus,Britain and Japan
      By shishirbn in forum General Discussions
      Replies: 33
      Last Post: 14th Jan 2015, 08:29
    2. Daimler to invest Rs 4,400 cr in India; looks for partners
      By shishirbn in forum Imports and Luxury Cars
      Replies: 8
      Last Post: 27th Mar 2010, 05:44
    3. Cadillac XTS Flagship Gets Green Light, Could Get V-8 Power
      By shishirbn in forum General Discussions
      Replies: 5
      Last Post: 25th Mar 2010, 14:11
    4. Voltra - Lean, green, streetfightin' machine
      By shishirbn in forum International Bike News
      Replies: 1
      Last Post: 25th Mar 2010, 12:52

    Bookmarks

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •