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Ford Sells Former Visteon Trim Plant to Faurecia
ACH was formed in 2005 to sell or close 23 former Visteon plants. The sale of the Saline, Michigan plant is expected to close in June. Nearly all of the 2,100 mostly UAW employees at the business have been offered employment, Ford said in a statement. Continue reading
Posted in auto news, manufacturing, results
Tagged auto informed, autoinformed.com, automotive components holdings, automotive news, faurecia, Ford, Ken Zino, visteon
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Stellantis Buys Share of Symbio for Fuel Cell Technology
“Acquiring an equal stake in Symbio will bolster our leadership position in hydrogen-powered vehicles by supporting our fuel cell van production in France, and it also serves as a perfect complement to our growing battery electric vehicle portfolio,” said Carlos Tavares, Stellantis CEO. Continue reading →