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MercoPress, en Español

Montevideo, November 22nd 2024 - 08:47 UTC

Tag: Jim Hackett

  • Wednesday, February 20th 2019 - 09:17 UTC

    Ford closes oldest factory in Sao Paulo and exits heavy trucks business in Brazil

    The factory slated for closure is in Sao Bernardo do Campo, an industrial suburb of Sao Paulo that has operated since 1967

    Ford Motor Co. said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world. Ford previously said the global reorganization, to impact thousands of jobs and possible plant closures in Europe, would result in US$11 billion in charges.