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Ford to spend $11B on its operations to reboot itself, won't say how

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in Auto News

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Icon Old School BRFord said Wednesday during a call with investors that it will pump $11 billion to restructure itself over the next few years as it seeks to remake its business. The automaker's Chief Financial Officer Bob Shanks called Ford's transition a "profound redesign" but neither he nor Chief Executive Officer Jim Hackett elaborated on how the $11 billion...

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