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Ford slashes planned investment in UK car plant

peter campbell | financial times | 7 september 2016

Tim Lawrence, head of manufacturing at PA Consulting, is quoted in an article in the Financial Times on Ford’s UK investment plans. The article explains that Ford has significantly reduced its planned investment in its UK plant at Bridgend.

The article goes on to say that in light of the Brexit vote, Ford has already cut production across Europe. The company has said it will reduce the production of vehicles in Europe by 82,000 in the third quarter.

Managing through the Brexit automotive sector - report July 2016

 

UK car factories face uncertain future – post Brexit research on the carmakers most likely to leave the UK

 

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Tim comments on the changes that Ford are making: “I would have said those two UK plants are on the risk list, given the shift towards electric powertrains in the long term.

He goes on to explain: “I would also envisage that Ford are looking at their manufacturing decisions in the light of the Brexit vote and the fact that most of their cars are made in Germany and Spain.”

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