Ford reduces Bridgend investment by nearly half
Source : Ford reduces Bridgend investment by nearly half
Ford pledged to cut its investment inside the engine plant in Cardiff coming from £ 181 million to £ 100m
Ford almost halved its investment in engines along with factory based in Wales, in Cardiff.
payment has been reduced Ford will invest inside the factory of £ 181 million to £ 100m, according to a report coming from the BBC .
A spokesman for Ford, none of the jobs, which was held in Cardiff in danger nevertheless they can not be guaranteed due to the changing nature of the automotive industry.
reduction in investment not only because of the “decline predicted global demand for low CO2 reducing gasoline engines,” according to a spokesman for Ford, nevertheless also partly to the sharp rise in demand for the 1.0-liter three-cylinder gasoline engines along with the overlap between these along with various other coming from tiny gasoline engines on offer.
the item was also said of which the investment reduction has no link Brexit, which was detected fluctuations in demand before Brexit along with the item is actually likely to change if such volatility has dropped merit to invest the amount of investment.
Currently, the plant produces 1.25, 1.4, 1.6 along with 1.6-liter four-cylinder car shows gasoline engines of which are found throughout the Ford type range. the item is actually produced by diesel units inside the Dagenham Ford factory.
as the item is actually, he said a spokesman for Ford, still stable production, so Cardiff will continue to employ the workforce with no job losses planned them. the item can increase the capacity quickly if needed, too.
staff along with unions change in investment. Ford also invested £ 190m – including £ 8.9m coming from the government – at the Dagenham plant in 2014.
by Autocar via RSS