The petrochemicals giant will build the Grenadier, a large SUV similar to the old body-on-frame Land Rover Defender 110, at the factory in Hambach, eastern France. Production of the Smart minicar will continue at the site until 2024.
About five years after fast-casual chicken chain Pollo Campero closed its only Orlando store at Downtown Disney, the South American brand is gearing up for a big comeback in the market.
The new money will support plans announced in October to double the automaker’s capital-expenditures budget during the next two years to a range of $4.5 billion to $6 billion.
The China Association of Automobile Manufacturers expects the shortage will have a “relatively big impact” on production at some companies in the first quarter of 2021, though the effect on full-year industry output should be minimal.
The off-road package, which hasn’t been available on the F-150 since 2014, features a 3.5-liter EcoBoost V-6 engine, wider stance, upgraded suspension and higher ground clearance, among other changes.