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March 28, 2008

Ford goes small in Europe

ford romaniaFord wants to launch a small car for the European market in 2010; it would be a different car than the Fiesta.

The new model would be built at their recently acquired Romanian plant in Craiova, where they will have spent $2.6 billion dollars over the next five years in order to increase capacity to 300,000 units per year, and from 3,900 to 7,000 workers.

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