It had been a long time coming, now it is a certainty. The US car maker Ford builds in Europe of solid Bodies. The reason is that cost pressure in international competition. Especially Russia, France, Wales affected.
The end for Ford in Wales. The group closes its plant
12,000 jobs and six factories are deleted until the end of next year, as the group announced. In three plants in Russia, the operation will set up, in France and in the UK Wales factories would be closed. In the German Saarlouis and Valencia, Spain layers had been removed. Ford will in the future operate 18 plants in Europe. The business is divided into three business areas: commercial vehicles, passenger Cars and imports of Ford models such as the Ford Mustang.
Deep in the loss zone
Ford had a removal in the context of an austerity programme already and the plant closing announced in several countries. In order for the business to be profitable again. Like other manufacturers, the US company is struggling to pay with sluggish sales, while the costs are increasing drives, because of stricter exhaust gas regulations and the development of electric. Ford of Europe had slipped to 2018 deep in the loss zone. However, the situation has improved a little. For the full year, Management expects a “significant improvement” in the financial result.
The President of Ford of Europe, Stuart Rowley, said, the separation of employees and the closure of plants, the most difficult decisions that have a Management to be. The company wants to make the affected employees “support to mitigate the impact”. This is regulated usually by means of social plans and severance payments.
The Bundeswehr has already responded promptly to the announced job cuts at Ford and campaigned for new perspectives on the force
The Overcapacity is mostly in the voluntary separation programs by the end of 2020 reduced. For some time, the projects on the table to swipe in Germany, the 5400 is already – these are included in the European total number already. 3200 employees, of whom have already left or want to do this, because you have accepted severance pay.
Ford 51,000 people work in Europe, including joint ventures with partners there are 65.000 Employees.
cgn/rb (ap, dpa, rtr)