MADRID -- Ford will invest more than 750 million euros ($885 million) in its factory in Valencia, eastern Spain, to produce the next-generation Kuga SUV.
MADRID -- Ford will invest more than 750 million euros ($885 million) in its factory in Valencia, eastern Spain, to produce the next-generation Kuga SUV.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.