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Ford CEO Mark Fields said the investment is a “vote of confidence” in the pro-business environment being created by Donald Trump. However, he stressed Ford did not do any sort of special deal with the president-elect.

 “We didn’t cut a deal with Trump. We did it for our business,” Fields told CNN’s Poppy Harlow in an exclusive interview Tuesday.

The $700 million investment will go to the Flat Rock, Michigan plant to produce more electric and self-driving cars. Ford believes electrified vehicles will outsell gas-powered vehicles within the next 15 years.

Ford is planning to roll out seven new electric vehicles in the next five years, including a Mustang Hybrid.

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http://money.cnn.com/2017/01/03/news/economy/ford-700-jobs-trump/index.html

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