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Ford finds a buyer for big Brazilian plant it's shutting down


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https://www.autoblog.com/2019/09/04/ford-brazil-plant-caoa/

 



Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers.

Ford announced in February that it would shut down the plant, its oldest in Brazil, which employs some 3,000 workers, as part of a global restructuring and a push to exit the heavy truck business.

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