(Posted on Apr 28, 2019 at 06:12PM by Danielle Smyth)
Chinese automaker Beiqi Foton Motor Co Ltd might be in the running to purchase one of Ford’s worst-performing manufacturing facilities, the São Bernardo do Campo manufacturing plant in Brazil. Foton was planning to build a factory in Guaiba, also located in the southern region of Brazil, and hopes to focus on buses and other heavy vehicle production in that country.
Closing the São Bernardo do Campo factory was inevitable after the company decided to end production of the Fiesta in Brazil as well as leaving the South American heavy truck market. In 2018, only 11 vehicles per employee were produced at the plant, which is the oldest manufacturing facility Ford operated in Brazil and one of the largest, with 12 million square feet of space.
Foton’s Brazillian subsidiary CEO Marcio Vita couldn’t confirm the rumor, but there are apparently several automakers looking to make an offer on Ford’s Brazilian plant. In March 2019 a Brazilian automaker called CAOA was negotiating with Ford to put in an offer.
While 3,000 jobs will be eliminated, the plant was only in production three days a week, manufacturing heavy trucks and passenger cars. Both Fiat Chrysler and GM are also experiencing financial difficulties with their plants in Brazil as well.
In the market for a new vehicle? Things are going well here in the United States, and we have plenty of cars here at the Sound Ford lot near Renton, Washington. Hurry in today and test drive a 2018 Ford EcoSport SE. It’s got plenty of power and all the tech comforts you crave, including dual-zone air conditioning and auto-dimming mirrors. Hurry in!