#Ford says to close its factories in Brazil
“#Ford says to close its factories in Brazil”
Carmaker Ford said Monday it would close its factories in Brazil this year as the impacts of the coronavirus epidemic hammered sales in Latin America.
“Ford Brazil will cease production at Camacari, Taubate and Troller plants during 2021, as the COVID-19 pandemic amplifies persistent industry idle capacity and slow sales that have resulted in years of significant losses,” the company said in a statement.
Bloomberg said some 5,000 workers would be affected.
Ford, Toyota face US production slowdown over semiconductor shortage
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Ford says to close its factories in Brazil (2021, January 11)
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