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
Additional investment also is expected at Ford’s Bridgend Engine Plant in South Wales to support ongoing high volumes of gasoline engine manufacture. The actions we are proposing come after extensive review and consideration, and we fully recognize and accept Ford’s social responsibilities in this necessary transformation of our business.
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