Ford to Invest $850M to Retool Factories for More Fuel-Efficient Vehicles

Photo: Ford Creating 1,200 Jobs Making more fuel efficient vehicles doesn’t happen by magic. It requires lots of R&D, and once you’ve come up with a new engine or transmission or whatever, it requires big capital investments to retool factories. That’s exactly what Ford (among others) is doing. The blue oval company has announced investments of $850 million in Michigan plants (including Van Dyke Transmission, Sterling Axle, Livonia Transmission and Dearborn Truck Plant) between 2011 and 2013 as part of its “competitive plan to engineer and manufacture even more fuel-efficient vehicles and fuel-saving techno… Read the full story on TreeHugger

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Ford to Invest $850M to Retool Factories for More Fuel-Efficient Vehicles

Posted by on October 29, 2010. Filed under Lifestyle. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry