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Ford sees 2017 performance falling from 2016 levels

Ford CEO Mark Fields has said that all of the company's small-car production will be leaving US plants and heading to lower-cost Mexico over the next two to three years.


FORD Motor Co's 2017 financial performance will decline from this year as it increases spending on "emerging opportunities" such as self-driving cars and other costs rise, the No 2 US-based carmaker said on Wednesday.

Ford, like most of its chief rivals, is seeking ways...

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