Ford planning to cut 18% of production capacity, 13% of workforce in Europe; anticipating more than $1.5B loss in Europe in 2012
Green Car Congress
OCTOBER 25, 2012
Manufacture of Transit will be consolidated in Ford’s principal commercial vehicle manufacturing facility operated by Ford Otosan in Kocaeli, Turkey, in 2013. Additional investment also is expected at Ford’s Bridgend Engine Plant in South Wales to support ongoing high volumes of gasoline engine manufacture.
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