Cars
On account of reduced demand and uncertain market prospects throughout Europe, Ford has decided to close down its underutilized Genk Plant in Belgium and to cease vehicle production by the end of 2014, which will lead to the loss of 4,300 jobs.
- Ford Genk Workers Protest, Burn Tires And Set Of Fireworks At Company's Hq In Germany
Ford of Europe's decision to close its Genk plant in Belgium and leave some 4,300 workers without a job by the end of 2014 didn't sit well with the factory's employees. Some 250 workers from the Genk plant travelled in busses from Belgium...
- Homologation And Other Problems Delay New Ford Mondeo Production Start In Europe
When Ford premiered the all-new 2013 Fusion sedan at the Detroit Motor Show this past January, the Blue Oval also released two images of the car's European sibling, the next Mondeo in pre-production form. At the time, Ford told us that the new Mondeo...
- Ford To Temporarily Lay Off 4,000 Workers In Valencia Plant Due To Reduced Demand
The economic crisis that is currently raging in Europe is not likely to subside any time soon. As a result, automakers have started taking measures in order to account for reduced demand of their products. Ford, for one, will temporarily lay off 4,000...
- Gm To Shut Down Antwerp Plant In Belgium, Announces More Cuts For Opel / Vauxhall
General Motors has turned its focus on its European division as a little after the announcement on its decision to wind down its Saab unit, the U.S. carmaker revealed that it intends to close Opel's manufacturing plant in Antwerp, Belgium, which...
- Ford Announces Production Cuts In Germany And Spain
Citing the sharp decline in new car sales and the continuing negative economic outlook, Ford of Europe today announced that it will reduce production at two of its main European plants in Valencia, Spain and Saarlouis, Germany. Although the automaker...
Cars
Ford to Shut Down its Genk Plant in Belgium, Reshuffle European Production Operations
On account of reduced demand and uncertain market prospects throughout Europe, Ford has decided to close down its underutilized Genk Plant in Belgium and to cease vehicle production by the end of 2014, which will lead to the loss of 4,300 jobs.
Ford, which is estimated to burn through more than $1billion this year in Europe, said that the move is part of a broader plan to restructure its local operations and help to address overcapacity issues curtailing from a more than 20 percent drop in total industry vehicle demand in Western Europe since 2007.
Read more »- Ford Genk Workers Protest, Burn Tires And Set Of Fireworks At Company's Hq In Germany
Ford of Europe's decision to close its Genk plant in Belgium and leave some 4,300 workers without a job by the end of 2014 didn't sit well with the factory's employees. Some 250 workers from the Genk plant travelled in busses from Belgium...
- Homologation And Other Problems Delay New Ford Mondeo Production Start In Europe
When Ford premiered the all-new 2013 Fusion sedan at the Detroit Motor Show this past January, the Blue Oval also released two images of the car's European sibling, the next Mondeo in pre-production form. At the time, Ford told us that the new Mondeo...
- Ford To Temporarily Lay Off 4,000 Workers In Valencia Plant Due To Reduced Demand
The economic crisis that is currently raging in Europe is not likely to subside any time soon. As a result, automakers have started taking measures in order to account for reduced demand of their products. Ford, for one, will temporarily lay off 4,000...
- Gm To Shut Down Antwerp Plant In Belgium, Announces More Cuts For Opel / Vauxhall
General Motors has turned its focus on its European division as a little after the announcement on its decision to wind down its Saab unit, the U.S. carmaker revealed that it intends to close Opel's manufacturing plant in Antwerp, Belgium, which...
- Ford Announces Production Cuts In Germany And Spain
Citing the sharp decline in new car sales and the continuing negative economic outlook, Ford of Europe today announced that it will reduce production at two of its main European plants in Valencia, Spain and Saarlouis, Germany. Although the automaker...