Ford Europe is planning to close its British engine plant
Ford Motor Co’s loss-making European subsidiary said it is starting talks with unions about shutting an engine plant in Wales next year as part of its reconstruction plans to restore profitability.“Creating a strong and sustainable Ford business in Europe requires us to make some difficult decisions,
“We are committed to the U.K., however, changing customer demand and cost disadvantages, plus an absence of additional engine models for Bridgend going forward make the plant economically unsustainable in the years ahead,” Rowley said. Late last year Ford Europe said it reshuffled its leadership ahead of an expected shakeup. It said then it wants to concentrate on profit-making SUVs and vans and to cut loss-making vehicles.
The Bridgend plant’s contract to supply Jaguar Land Rover with engines ends in 2020. This includes V8 gasoline engines which are becoming obsolete. Ford makes about 1.3 million engines at two British locations, Bridgend and Dagenham, eastern England. It has previously warned it could face $1 billion in tariff costs in the event of a so-called hard Brexit.
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