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Montevideo, June 20th 2019 - 07:52 UTC

Tag: Sao Bernardo do Campo

  • Tuesday, May 14th 2019 - 09:21 UTC

    Ford assets in Brazil to be acquired by Chinese businesspeople

    Ford and CAOA have been in talks since March over the potential sale of the 11.8 million-square-foot plant in Sao Bernardo do Campo

    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.

  • Wednesday, March 13th 2019 - 08:18 UTC

    Brazil auto production up 29.9% in February

    Automakers in Brazil produced around 257,200 new cars and trucks last month, while sales totaled about 198,600 vehicles, according to industry group Anfavea.

    Automobile production in Brazil rose 29.9% in February from January, while sales slipped 0.6%, the national automakers’ association said on Monday. Automakers in Brazil produced around 257,200 new cars and trucks last month, while sales totaled about 198,600 vehicles, according to industry group Anfavea.

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

    Brazilian consortium interested in Ford's Sao Paulo manufacturing plant

    Ford announced earlier this month that it would shut down its São Bernardo do Campo plant, a sprawling complex that employs some 3,000 people.

    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.

  • 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.