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Ford Motor said on Monday its financial services arm, Ford Credit, would put an end to operations in Brazil and Argentina and take a non-cash charge of up to $375
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Ford Motor will pay approximately 2.5 billion reais ($495 million) to the state of Bahia after deciding to shut its plants in Brazil, according to a report by O Estado
The Mexican government is trying to attract Ford Motor to consider relocating some of its operations to Mexico, a senior official said on Tuesday, as the U.S. automaker announced the
Ford Motor’s decision to shut three plants in Brazil will reduce its losses and allow it to focus on increasing profitability in its underperforming international segment, J.P. Morgan analysts said
Brazil’s President Jair Bolsonaro on Tuesday attributed Ford Motor’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies provided by the government. “What does Ford
Ford Motor said on Saturday it had closed the sale of one of its factories in Brazil to the construction company Construtora Sao Jose and asset manager FRAM Capital, without revealing
Ford Motor said it will make 50,000 face shields at car plants in Brazil and Argentina to donate in the fight against the coronavirus. The accelerating outbreak has led global
Ford Motor on Wednesday stated it was closing its oldest plant in Brazil later in the day as scheduled, with prospects for saving any of the jobs in doubt as
Ford Motor stated on Tuesday it had reached an agreement with the workers’ union at a historic Brazil plant it prepares to close by the end of the year, making
Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a possible purchase of Ford Motor’s plant in the industrial city of Sao Bernardo do Campo, as per a source
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