Ford Motor Dismisses Speculation Over Potential Shift

News: US automaker Ford Motor has dismissed speculation over a potential shift of its production line from Cologne in Germany to Craiova in Romania, reports An article published by German newspaper Bild had speculated that the assembly line for the Ford Fiesta might be shifted partly to Craiova due to high wages in Germany and losses incurred by Ford in Europe. The newspaper had also quoted a source working for Ford who stated that the move may or may not occur based on demand. According to Ford representatives, the automaker intends to conduct discussions with the Works Council in Cologne regarding the production of the next-generation Fiesta at the plant.

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Related sectors of this article: Autos, Companies - Autos
Geography: Romania

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