Ford Motor Co on Wednesday said it was shutting down its oldest plant in Brazil later in the day as planned, with prospects for saving any of the jobs in doubt as talks with a potential buyer have fallen behind schedule. The plant, located in the industrial suburb of Sao Bernardo do Campo, produced buses and the Fiesta compact car, which sold poorly. Ford first announced it would shut down the plant in February, and said it had failed to find a buyer. …read more
Source:: Yahoo Finance
