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Several car makers unveiled investment strategies for the U.K. Thursday, helping to cement recovery for the recession-hit industry in Britain.
The announcements came on the day that the Society of Motor Manufacturers and Traders, a U.K. industry group that compiles sales and production data, disclosed that car output in February jumped 62.7% from the same month a year ago, boosted by the weakness of sterling against other major currencies. Almost three-quarters of vehicles produced in the U.K. are exported.
Ford Motor Co.'s (F) European division said Thursday it plans to invest GBP1.5 billion in four U.K. facilities over ...



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