FORD
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Ford Lays Off 500 Employees At Its Romanian Plant
U.S. carmaker Ford has started the voluntary layoff program targeting 500 of the 3,200 employees at its plant in Craiova (southern Romania), while the company decided to reduce working hours...
Romanian Automotive Industry Added EUR10 Billion In Five Years
Romania’s car industry climbed from revenue worth EUR8 billion in 2009 to EUR18 billion in 2014, according to data provided by the association of automotive manufacturers in Romania ACAROM.
Ford Dealer In Romania: Sales To Individuals Paying Cash On The Rise
Car purchases by individuals rose by 20% last year, in line with the market, with a trend of buyers paying cash in the detriment of classical products, such as bank loans. In the case of leg...
Brassai, Ford: Money’s Cheap In Europe Now, Romania Should Start Funding Car Purchases
The local auto market needs its potential customers to be able to get funding in order to grow the sales volumes towards the 2007-2008 level of more than 300,000 vehicles.
Ford To Lay Off Over 20% Of Staff At Its Romanian Plant
U.S. carmaker Ford will lay off 680 of some 3,200 employees at its plant in Craiova (southern Romania), meaning over 20% of its staff.
Ford Still Plans To Add A Second Model To Craiova Plant, Won't Say When
Ford assembled 43,300 cars in Craiova in the first nine months, 26% fewer than in the year-ago period, because the plant halted production on a number of days due to the decline in European...
Romania’s Car Exports Down 13% In 3Q
Exports of Dacia and Ford cars dropped by almost 13% in the third quarter from the year-earlier period, according to data provided by the Automotive Manufacturers and Importers Association (...
Ford: Decline In B-Max Sales Not As Serious As Expected
B-Max, the mini multipurpose vehicle (MPV) assembled by Ford at its plant in Craiova (southern Romania) is doing better than the company expected, says Joe Bakaj, vice-president of product d...
Ford Halts Production In Romania For 9 Days In September
U.S. carmaker Ford will halt its production lines in Craiova, Romania for nine days in September, citing the volatility of the European car market, which had an impact on its B-Max sales.