Ford says it has decided to bring forward part of the summer shutdown period for its UK manufacturing operations (engine production at Bridgend and Dagenham) to the Easter period. It's another sign of the deepening short-term impact of the COVID-19 crisis on the industry and the need to adjust production to much lower market demand.
Ford said in a statement that it is 'working closely with all our partners as we navigate through the current coronavirus effects across the globe and our business operations'.
Go deeper with GlobalData
However, due to the 'dramatic impact this ongoing crisis is having on the European market and the supplier industry, we have decided to bring forward part of the summer shutdown period for our UK operations to the Easter period.'
This means production at Dagenham Engine Plant in east London will temporarily cease from Monday, March 23. Bridgend Engine Plant in South Wales will temporarily cease production from the end of the day on Wednesday, March 25.
In addition, the shutdown period will also be extended across the rest of the Ford business in the UK, excluding a small number of employees supporting business critical activities.
During this four-week period, all Ford employees will receive payments at least equivalent to their base pay.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
