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Ford Motor said Thursday that it will add about 6,200 union jobs in the Midwest as it revamps three factories to build new electric and gas-powered models, including a new seventh-generation version of the Mustang coupe.
The factory investments, expected to cost $3.7 billion, will go toward retooling plants to build a new commercial electric vehicle and all-new versions of the gas-powered Ford Mustang and Ford Ranger. Ford will also add workers to increase production of Ford Transit commercial vans and Ford F-150 Lightning electric pickups.
The company didn’t provide any details about the new electric commercial vehicle, except to say that its production will begin “mid-decade” at an…
Source cnbc.com
