Ford terminates deal to sell Ohio lighting plant

Newswire

DETROIT, June 19 (Reuters) - Ford Motor Co has terminated a deal to sell an auto lighting plant it took back from former subsidiary Visteon Corp , the company that had been scheduled to take over the plant said on Thursday. Meridian Automotive Systems said Ford had terminated a tentative agreement to transfer the Sandusky, Ohio, lighting plant because the downturn in U.S. auto sales no longer made the deal possible on the original terms. Ford reached an agreement to sell the lighting ...

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