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Jim Baumbick

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Ford‑Geely Valencia plant joint venture

3 clusters · 134 sources · last updated about 18 hours ago

Latest: Ford and Geely launch joint venture at Valencia plant

Ford Motor Company and China's Geely Holding formalised a 66 %–34 % joint venture on 24 July 2026, injecting €221 million and valuing the new entity at roughly €650 million. The arrangement will use the Almussafes plant’