Reuters
Ford to make call on Europe job cuts by mid-Feb as buyers circle German site
BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe, a German union said on Tuesday, as reports surfaced that BYD and car contract manufacturer Magna were interested in buying one of the U.S. carmaker’s German sites. The future of the site in Saarlouis, Germany 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. Among fifteen possible investors were companies in energy and car assembly as well as original equipment manufacturers, the works council chief of the Saarlouis site, Markus Thal, told Reuters.