Ford’s European product offensive – five new cars by 2029 – will be underpinned by a huge investment in its Spanish plant, thanks to a new joint venture with Chinese auto maker Geely. 

 

The future of the Valencia factory – which has a 500,000 annual capacity but currently only assembles the Kuga SUV – has been in doubt. But today Ford and Geely confirmed the manufacturing collaboration to assemble four new cars: the upcoming Ford Bronco compact SUV and an “all-new, multi-energy crossover” for the Blue Oval.