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Ford Europe Starts Bridgend Engine Plant Closing Process
There is by Ford management choice significant underutilization of the plant, caused by the impending end of engine production for Jaguar Land Rover, the cessation of the previous generation Ford GTDi 1.5-liter engine, and reduced global demand for the new generation Ford GTDi and Pfi 1.5-liter engine. At expected volumes, the plant also faces a cost disadvantage compared with other Ford facilities building the same engine. Continue reading →