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Ford Motor Reportedly in Talks with GEELY AUTO on Production & Tech Partnership
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Ford Motor (F.US) and GEELY AUTO (00175.HK) are discussing a potential partnership, planning for GEELY AUTO to use Ford Motor's European factory space to produce vehicles for the European market, Reuters quoted sources as saying. They are also discussing a potential framework for shared auto technologies, including autonomous driving technology. GEELY AUTO's share price opened 0.63% lower today (4th) before rebounding, and jumped up 1.77% to last at $16.11, with 18.802 million shares traded, involving $299 million. AASTOCKS Financial News Website: www.aastocks.com |
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