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Another $700 million will be invested in the truck plant in Dearborn, where 300 new jobs will be added.

The investment comes as the U.S. new vehicle sales cycle has peaked and appears to be leveling off at around 17 million vehicles per year.

The Wayne plant investment will used to build the new Ford Bronco SUV, as well as a new Ranger pickup.

The investment includes battery assembly for the electric trucks.

Workers at the Wayne plant will modify and finish Ford’s first autonomous vehicles starting in 2021, including the installation of self-driving technology and interiors built for autonomous travel, Ford said in a statement.