By: Tien Yu-pin and S.C. Chang
Taipei, Feb. 16 (CNA) Ford Lio Ho Motor Co. Taiwan announced on Thursday it will
invest NT$4 billion (US$130 million) to upgrade its production processes in Taiwan and manufacture the Escort series of family cars.
Company president Tim Chu (朱忠園) said that as part of a program to improve the quality of Ford vehicles, the new investment will mainly involve the purchase of new equipment and introduction of intelligent production.
In the meantime, Ford Lio Ho plans to add more options to its Escort passenger car series to meet customer demands. [FULL STORY]