Ford to exit heavy truck business in South America

Source: Xinhua| 2019-02-20 07:24:51|Editor: Yang Yi
Video PlayerClose

CHICAGO, Feb. 19 (Xinhua) -- U.S. automaker Ford announced on Tuesday it will quit its commercial heavy truck business in South America. Its production at Sao Bernardo do Campo plant in Brazil will cease this year.

"Ford is committed to the South American region by building a sustainable and profitable business with strengthened product offerings, outstanding customer experience, and a leaner, more agile business model," said Lyle Watters, president of Ford South America.

The Sao Bernardo do Campo plant in Brazil was opened in 1967. It currently employs some 2,700 workers, building heavy trucks, F-series pick-ups and Fiesta cars.

Although Ford will end sales of the cargo lineup and other vehicles there, once inventories are sold, Ford has promised to work closely with local dealers and suppliers to provide support for customers with warranty, parts and service.

Ford estimates that its action to quit heavy truck business in South America will cost about 460 million U.S. dollars.

Tuesday's announcement followed a series of other initiatives aimed at redesigning Ford's South American strategy. Ford has already decided to reduce salaried and administrative costs region-wide by more than 20 percent over the past few months.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378352551
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
综合色区国产亚洲另类 | 欧美激情精品久久久久久多 | 日本亚洲欧美在线视观看 | 亚州国产精品一线北 | 这里只有精品国产 | 中文字幕无线码永久免费2020 |