Ford to close down plant in Brazil, reduce operations in South America

Source: Xinhua| 2019-02-20 12:10:50|Editor: zh
Video PlayerClose

RIO DE JANEIRO, Feb. 19 (Xinhua) -- U.S. automobile giant Ford announced on Tuesday that it will close down a factory in Brazil and reduce its operations in South America in a bid to turn around its business in the region.

The factory to be closed is located in Sao Bernardo do Campo, an automotive industry pole in the state of Sao Paulo. Ford said it aims to regain sustainable profitability in its South American operations.

The company plans to stop selling four truck and car models which are produced in the Sao Bernardo factory: hatch Fiesta, pickup truck F-350, and trucks F-4000 and Cargo.

It did not specify how many workers will be impacted by the closure, but the Sao Bernardo do Campo plant has 3,000 workers.

Ford said it has been trying to cut its salary and administrative costs in South America. It intends to expand global partnerships and strengthen its SUVs and pickup trucks product line, the company said in a statement.

Despite the latest decision to close the plant and reduce its operations in the region, Ford's President for South America Lyle Watters said the company is committed to its operation in the region.

"Ford is committed to South America through the construction of a profitable, sustainable business, strengthening the offer of products, creating positive experiences for its consumers and acting on a more agile, compact and efficient business model," he said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378364121
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
亚洲综合色成在线观看 | 亚洲国产欧美丝袜精品一区 | 亚洲欧美成αv人在线观看 性一区二区视频在线 | 亚洲国内自拍欧美一区二区三区 | 亚洲人成久久播播影院 | 香蕉在线一本大道 |