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Ford sells US$2.8b in auto debt to boost tech spending

Wednesday, December 7, 2016 - 05:50

Southfield, Michigan

INVESTORS piled into Ford Motor Co's first automotive borrowing in almost four years, allowing the company to slash interest rates on a US$2.8 billion debt sale as it boosts spending on self-driving cars, mobility services and electrified vehicles.

The carmaker

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