Ford Gets Serious on Restructuring
Ford's current problems in Europe - deteriorating financial results and poor sales - are well known. Already, action has now been taken to address some of the difficulties, but more action is imminent. Dagenham is firmly in the firing line as Ford looks to rein in its costs.. Ford’s Dagenham plant has been the subject of closure speculation for years and it is well known that Ford has not invested in Dagenham the way it has in other plants. The apparent reluctance to invest has kept that speculation going in spite of the assurances that have been given at various times.
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