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1. www.bbc.com › news › business-55626572Ford ends decades of Brazil manufacturing - BBC

   www.bbc.com › news › business-55626572

   Jan 11, 2021 · 11 January 2021. Getty Images. Ford will close three more factories in Brazil after shutting its São Bernardo do Campo plant in 2019. Ford has said it is closing its last three factories in...

2. www.ft.com › content › f3117f93/7519/46b5-86ae-5a1Ford to cease manufacturing in Brazil after more than a century

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   Jan 11, 2021 · Ford would stop manufacturing vehicles in Brazil this year with the loss of up to 5,000 jobs, the company said on Monday, in an attempt to drag its South American operations back into the black.

3. People also ask

   Does Ford still make cars in Brazil?

   • The US carmaker has been producing vehicles in Brazil for more than a century but its operations there have been a cash drain since the country’s economic downturn in 2013. “In Brazil, and South America more broadly, the market simply doesn’t and isn’t going to support our cost structure in the region,” Ford said.

   Ford to cease manufacturing in Brazil after more than a century

   www.ft.com/content/f3117f93-7519-46b5-86ae-5a1cfcf1b9ac

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   How much money did Ford invest in Brazil?

   • Ford headquarters in Dearborn, Michigan, shored up its Brazilian subsidiary with $1.3 billion in cash injections, in nine transfers between March 2018 and January 2021, according to the Sao Paulo corporate filings.

   Insight: How Ford burned $12 billion in Brazil | Reuters

   www.reuters.com/business/autos-transportation/how-ford-burned-12-billion-brazil-2021-05-20/

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   Why did Henry Ford come to Brazil?

   • SAO PAULO, May 20 (Reuters) - A century ago Henry Ford came to Brazil and established the town of Fordlandia, hoping to become an Amazonian rubber baron, but retreated deep in the red.

   Insight: How Ford burned $12 billion in Brazil | Reuters

   www.reuters.com/business/autos-transportation/how-ford-burned-12-billion-brazil-2021-05-20/

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   Why did Ford close a plant in Brazil?

   • Ford officials said the plant closures are part of the company's strategy to achieve 8% global operating margins. Ford, which has operated in Brazil for more than a century, has begun discussions with its unions and others about the layoffs.

   Ford to close Brazil manufacturing operations, take $4.1 billion in

   www.reuters.com/article/idUSKBN29H09Y/

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4. www.reuters.com › business › autos-transportationFord reaches deal to move industrial unit to Brazil's Bahia ...

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   Aug 11, 2023 · Ford Motor Co. Follow. SAO PAULO, Aug 11 (Reuters) - Ford's (F.N) Brazilian unit on Friday said it reached a transfer agreement with the government of Bahia state to give it ownership of...

5. www.reuters.com › business › autos-transportationInsight: How Ford burned $12 billion in Brazil | Reuters

   www.reuters.com › business › autos-transportation

   May 20, 2021 · Ford had burned through $7.8 billion, the bulk in accumulated losses but also some cash injections, according to the documents filed in Sao Paulo state, where the automaker is registered in...

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     World Business Watch: Ford announces closing of Brazil manufacturing operations | Business News

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     Thousands protest closure of Ford factories in Brazil | AFP

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     Ford shuts down manufacturing plants in Brazil

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7. www.bbc.co.uk › news › business-55626572Ford ends decades of Brazil manufacturing - BBC News

   www.bbc.co.uk › news › business-55626572

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   Jan 11, 2021 · 11 January 2021. Getty Images. Ford will close three more factories in Brazil after shutting its São Bernardo do Campo plant in 2019. Ford has said it is closing its last three factories in...

8. www.reuters.com › article › idUSKBN29H09YFord to close Brazil manufacturing operations, take $4.1 ...

   www.reuters.com › article › idUSKBN29H09Y

   Jan 12, 2021 · DETROIT/SAO PAULO (Reuters) - Ford Motor Co said on Monday it will close its three plants in Brazil this year and take pretax charges of about $4.1 billion as the COVID-19 pandemic amplified...

9. www.businesswire.com › news › homeFord Advances South America Restructuring; Will Cease ...

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   Jan 11, 2021 · Ford Brazil will cease production at Camaçari, Taubaté and Troller plants during 2021, as the COVID-19 pandemic amplifies persistent industry idle capacity and slow sales that have resulted in...