Brief: Ford Otosan Says It Signs Joint Development Agreement To Collaborate On Development Of New Heavy Truck Cabin Models With Iveco
March 11 (Reuters) - Ford Otomotiv Sanayi AS FROTO.IS: FORD OTOSAN - AGREEMENT WILL WILL REMAIN IN EFFECT UNTIL DECEMBER 31, 2029 FORD OTOSAN - FORD OTOSAN AND IVECO S.P.A. HAVE SIGNED JOINT DEVELOPMENT AGREEMENT TO COLLABORATE ON DEVELOPMENT OF NEW HEAVY TRUCK CABİN MODELS, İN CONSİDERATİON OF COMPLİANCE WİTH EU DİRECT VİSİON STANDARD FORD OTOSAN - TOTAL EXPENDITURE TO BE SPENT BY THE PARTIES TOGETHER UNDER AGREEMENT İS EUR 343 MILLION Source text: nIKA75sq4s Further company coverage: FROTO.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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