SAO PAULO, Brazil -- U.S. car giant Ford Motor Co. is to halt output at a plant in greater Sao Paulo between June 23 and June 27 due to poor demand, following similar moves by competitors such as General Motors.
A spokesman for Ford said the shutdown at its Sao Bernardo do Campo plant, where the Ka, Fiesta and Courier models are produced, would hit 2,800 workers.
There will be another halt in production at the plant between July 21 and Aug. 1.
With high interest rates and slow economic growth, demand for cars is suffering in Latin America's largest economy.
Last week Brazil's National Association of Vehicle Manufacturers forecast that vehicle sales will fall 5 percent in 2003.