Ford expected to announce closure of Welsh engine factory: source

United States News News

Ford expected to announce closure of Welsh engine factory: source
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Ford is expected to announce on Thursday that it is closing its engine facility ...

LONDON - Ford is expected to announce on Thursday that it is closing its engine facility in Wales, a source told Reuters, putting at risk 1,700 jobs in what would be the latest blow to Britain’s car industry.

Ford is making cuts in several markets to turn around loss-making operations but has also repeatedly warned the British government that it needs free trade to be maintained with the European Union after Brexit, the terms of which remain unclear. The site employs around 1,700 people with union officials due to meet representatives from the U.S. carmaker on Thursday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Indiana Jones 5' is 'set to start shooting next week', says Harrison Ford'Indiana Jones 5' is 'set to start shooting next week', says Harrison FordThe long-awaited fifth movie in the Indiana Jones series is reportedly set to roll cameras next week, according to Harrison Ford.
Read more »

Rockefeller, Ford and the making of modern Turkish-American relationsRockefeller, Ford and the making of modern Turkish-American relationsEver since the 1920s, the US has developed deep ties with Turkey in the fields of science, education and engineering. Despite diplomatic clashes, it seems unlikely the relationship will be allowed to fully break down.
Read more »

China fines Ford for antitrust violations as trade war escalatesChina fines Ford for antitrust violations as trade war escalatesChina fined Ford’s main joint venture in the country for antitrust violations, marking the latest action toward a U.S. company as tensions between the two nations escalate.
Read more »

Teen girl found safe after alleged kidnapping: PoliceTeen girl found safe after alleged kidnapping: PoliceNEW: Police in Maryland have safely located a 16-year-old girl they believe was kidnapped, more than a week after she was originally reported missing in Washington, D.C.
Read more »

Musk says Tesla's pickup will cost under $50,000 and be better than the F-150Musk says Tesla's pickup will cost under $50,000 and be better than the F-150Tesla's soon-to-be-unveiled pickup truck will have a starting price of less than $50,000, it will be a better truck than a Ford F-150 and it will outperform a Porsche 911, according to CEO Elon Musk.
Read more »

Suzy Welch: The life-changing lesson I learned from Warren BuffettSuzy Welch: The life-changing lesson I learned from Warren BuffettLegendary investor Warren Buffett is known not only for his sage investing advice but for his personal advice as well. In fact, bestselling management author and CNBC contributor Suzy Welch says an experience she once had with Buffett changed her career 'forever.'
Read more »

Suzy Welch: The life-changing lesson Warren Buffett taught me at a dinner partySuzy Welch: The life-changing lesson Warren Buffett taught me at a dinner party'Getting seated next to Warren Buffett at a dinner party is pretty cool. But when it happened to me, it also gave me a life lesson that changed my career forever,' says CNBC contributor Suzy Welch.
Read more »

Suzy Welch: This is what you need to do to get promotedSuzy Welch: This is what you need to do to get promotedSuzy Welch: This is what you need to do to get promoted investinyou (In partnership with acorns.)
Read more »



Render Time: 2025-02-24 10:58:05