Ford pulls out of South America truck business, closes Brazil plant 0 SHARES Share it! Share TweetBy Agence France-PresseUS automaker Ford said Tuesday it was pulling out of the commercial heavy truck business in South America, closing a plant in Brazil employing 2,800 workers that have been operating for half a century. The affected factory, in Sao Bernardo do Campo south of the megacity Sao Paulo, makes Cargo-model heavy trucks, F-4000 and F-350 pickup trucks and Ford Fiesta small cars. Ford has been operating the plant since October 1967. “We know this action will have a major impact on our employees in Sao Bernardo and we will be working closely with all our stakeholders on the next steps,” said Ford’s South America chief, Lyle Watters.

Source: Manila Bulletin February 20, 2019 02:03 UTC