BRAZIL: Ford closing factory temporarily - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
 
LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 06-11-03, 07:03 AM Thread Starter
Mr. Embargo
 
Join Date: May 2001
Location: Embargoland
Posts: 3,745
BRAZIL: Ford closing factory temporarily

Ford is to halt output at a plant in greater Sao Paulo between June 23 and June 27 due to poor demand, following similar moves by competitors such as General Motors, Reuters reported.

A Ford spokesman told Reuters the shutdown at its Sao Bernardo do Campo plant, where the Ka, Fiesta and Courier models are produced, would affect 2,800 workers.

There will be another halt in production at the plant between July 21 and August 1, Reuters added.

The news agency noted that high interest rates and slow economic growth are affecting demand for cars in Latin America's largest economy where Brazil's National Association of Vehicle Manufacturers forecast that vehicle sales will fall 5% in 2003.

Source: just-auto.com editorial team


*Retired.
RPO83 is offline  
Sponsored Links
Advertisement
 
Reply

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > Latest Ford News and Racing News > Ford Worldwide News


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Ford family celebrates 100 years of cars Stacy94PGT Ford Worldwide News 0 06-10-03 06:46 AM
FORD TOUGH: The pressure's on for Bill Ford Jr. to finish first Stacy94PGT Ford Worldwide News 0 06-10-03 05:52 AM
'Henry had the dream' Stacy94PGT Ford Worldwide News 0 03-28-03 06:58 AM
A CENTURY OF VISION: Fords built city, changed the world Stacy94PGT Ford Worldwide News 0 03-12-03 08:17 AM
Ford Product-Led Transformation: 2003 RPO83 Trans | Driveline 0 07-22-02 07:48 AM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome