Ford
is talking with an American engineering firm about selling part of its New Zealand
operations for $NZ500 million ($NZ214.6 million), so it can focus solely on vehicle
distribution and assembly of heavy trucks.

A recently revamped factory in South Auckland, which produces around 1.5 million
alloy wheels per year mainly for US export, is said to be part of the proposed
deal.

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Ford New Zealand executives won’t discuss specifics and admit only that they
have been approached by several major wheel manufacturers over the last few
years.

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