Ford plans $1.84 billion hybrid car investment in Britain

Ford Motor Co. will invest 1 billion pounds ($1.84 billion) in Britain within six years to develop hybrid cars, a senior executive said Monday.

"We have 9,500 engineers working in the U.K. -- about 35,000 employees in total -- so this is our investment," Lewis Booth, Ford's executive vice president for European operations, said in a British Broadcasting Corp. radio interview.

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