Tag: CAOA

• Wednesday, September 4th 2019 - 09:17 UTC

  Restructuring Ford's Sao Paulo truck plant means sacking 1.300 workers and lowering salaries of the remaining

  

  Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers.

• Tuesday, May 14th 2019 - 09:21 UTC

  Ford assets in Brazil to be acquired by Chinese businesspeople

  

  The founder of Brazilian automaker CAOA said on Monday he is negotiating with Chinese business executives to make a joint acquisition of a Ford Motor Co plant near Sao Paulo.

• Friday, May 3rd 2019 - 09:17 UTC

  Ford agreement with workers for a friendly shutdown of its historic plant in Sao Paulo

  

  Ford Motor Co said it had reached an agreement with the workers’ union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.

• Thursday, February 28th 2019 - 08:37 UTC

  Brazilian consortium interested in Ford's Sao Paulo manufacturing plant

  

  Brazilian automaker CAOA, which produces vehicles with Korea’s Hyundai Motor Co and China’s Chery Automobile Co, is in talks to buy a Ford Motor Co plant in the country that is slated to close by 2019, according to sources reported in the Sao Paulo media.