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Ford Motor and Geely are bringing four new vehicles to Europe in a new partnership. Wall Street applauds the move, but some denounce Ford for it.
Ford CEO Jim Farley told CNBC that the automaker has learned from its past quality and recall issues, which have hurt its earnings and stained its reputation.
Ford Motor Co. in Dearborn announced today that it’s forming a joint venture with Spanish automaker Geely Automobile Holdings to produce multi-energy passenger vehicles for the European market at Ford’s
Joint venture will see both Ford and Geely cars built at the Spanish production site.