BelgiumCar sales declines in France, Italy and Spain dampen recovery hopesJune 3, 2013 20:54 CET French, Italian and Spanish car sales fell in May, bringing the European market closer to a two-decade low and dampening hopes for any recovery in 2013.... Read More »
SUPPLIERS Saint-Gobain to close Belgian windscreen factory that supplies Ford's Genk plantMarch 26, 2013 15:38 CET French supplier Saint-Gobain plans to close a factory in Belgium that supplies glass windscreens to Ford's doomed plant in Genk. Ford announced late last year that it would be closing the Genk plant as well as two others in Britain, to stem losses in Europe.... Read More »
PRODUCTION Ford's European sales slide threatens revival planMarch 21, 2013 19:05 CET Ford's plan to cut jobs and close plants may not be enough to halt losses in Europe where moves to rein in margin-crushing discounts have sparked a further sales plunge. Ford's European slide reflects efforts to end a discount blowout, according to industry insiders.... Read More »
Plastic Omnium to close bumper plant in BelgiumMarch 8, 2013 14:07 CET French supplier Plastic Omnium said it plans to close its Belgian bumper manufacturing plant this summer in response to shrinking car sales in Europe.... Read More »
Ford production at Belgium plant remains halted amid protestsJan. 18, 2013 17:19 CET Production at Ford's factory in Genk, Belgium, remained halted as protests over plans to shutter the plant showed no sign of letup. Ford hasn't shipped a vehicle from Genk since saying Oct. 24 that the plant will shut for good in 2014.... Read More »
Models at Brussels show told to cover upJan. 8, 2013 06:01 CET Carmakers showing off their latest vehicles at the Brussels auto show later this month have been told to refrain from using scantily dressed women to promote their wares.... Read More »
Ford to shut European plant; GM outlines product-sharing plan 7:28 am U.S. ET | Oct. 24, 2012 Ford said it will close a Belgian assembly plant and GM outlined a joint product-sharing plan with a French rival as the Detroit automakers battle mounting losses in Europe. Ford is also preparing to close a chassis plant in Britain as early as next year, Bloomberg and other media outlets reported, citing people familiar with the plans. Ford scheduled a conference call with journalists and analysts on Thursday to provide more details of its turnaround plan for Europe.... Read More »
Ford's Belgium plant closing could impact U.S. suppliers 4:28 pm U.S. ET | Oct. 24, 2012 The announcement that Ford will close its Genk, Belgium, plant begins what will be a long, painful road for North American suppliers if they don't react quickly as the European economic crisis deepens, experts say.... Read More »
Ford to shut Genk factory, move production to SpainOct. 24, 2012 09:08 CET Ford said it will end production at its car plant in Genk, Belgium, by the end of 2014, pending the outcome of a consultation process with employee representatives. If the plan is confirmed, production of the next Mondeo, S-Max and Galaxy would move to Ford's factory in Valencia, Spain.... Read More »
Europe troubles seen putting 500,000 auto jobs at riskAug. 2, 2012 08:34 CET Efforts by PSA and Fiat to end losses in Europe could cost more than 500,000 people their jobs as automakers and parts suppliers grapple with the effects of the European sovereign debt crisis. The region's auto industry is set to pare payrolls as auto demand contracts for the fifth straight year.... Read More »
Ford delays new Mondeo production startJuly 11, 2012 06:15 CET Ford has delayed the production start of its new Mondeo mid-sized car. Production was scheduled to start at Ford's factory in Genk, Belgium, on April 6 next year, but has been postponed for up to three months, according to local media reports that cited union sources.... Read More »
COMMENTARY Should General Motors and Ford pull out of Europe?June 25, 2012 06:01 CET Do General Motors and Ford Motor still need to compete in Europe? Do they really need to keep building and selling cars in a market that has shifted from being low growth/low margin to no growth/no margin? Why continue losing money in Europe when China is forecast to become a 30 million unit-a-year market by 2020 and U.S. new-car sales are poised to return to 16 million a year much sooner than expected?... Read More »
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Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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