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Ford will restructure its business in Europe to improve profitability

The group announces cuts of staff, an alliance with Volkswagen and electric versions for all its models.

Ford today announced a major restructuring of its business in Europe in the line of winning "profitability and reducing structural costs". Through a statement, the company generalizes its interest to simplify its catalog of products, in which all vehicles will have different electrical versions , and assume a "reduction of the labor surplus" of the group in its plants in the Old Continent. what they foresee to begin negotiations with the social agents. The company, which does not quantify the affectation, foresees voluntary losses.

The statement sent by the US company does not mention its Spanish plant in Almussafes. On the other hand, it does say that it will close its automatic changes factory in Bordeaux at the end of this year, which has started talks to end the production of its C-MAC and Grand C-MAX models at the Saarlouis facilities (Germany) and the restructuring of its business in Russia, where it is implemented through a joint venture.

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