Reuters
Ford to make call on Europe job cuts by mid-Feb as buyers circle German site
Ford will decide by mid-February how many jobs to cut in Europe, a union representative said on Tuesday, as reports surfaced that China’s BYD was in talks with Ford to buy one of the U.S. carmaker’s German sites. The future of the site in Saarlouis, a city in the German state of Saarland, has been unclear since last June when Ford picked a site in Spain to assemble its next-generation electric vehicle (EV) over the German plant, which will stop producing its current model, the Ford Focus, from 2025. The Wall Street Journal reported on Tuesday that Ford officials were travelling to China next week to visit BYD and discuss selling the site to the Chinese EV maker, citing sources familiar with the matter.