STOCKHOLM (MarketWatch) -- U.S. carmaker Ford Motor Co. (F) Friday said it will invest SEK10 billion through its unit Volvo Cars to improve fuel economy and tailpipe emissions of its global fleet. The company will also set up a new development center in Gothenburg, Sweden, to work on hybrid systems for Ford. The center will have overall responsibility for the application of hybrid systems into Volvo Cars vehicles globally as well as for ensuring Ford of Europe and brands from Ford's Premier Automotive Group are able to apply core hybrid systems into their own product plans. More here>>>>
