Ford Motor Co.’s Valencia, Venezuela, assembly plant will be forced to stop production for one week in August if the auto maker can't get enough foreign currency to pay its suppliers, according to Dow Jones Newswires. The Valencia factory, which makes the Ford Explorer, Fiesta, Laser, Ranger, F-Series and Mazda Allegro, reportedly was closed June 2-6 for that reason. The Venezuelan government stopped foreign-exchange purchases in January to protect reserves affected by efforts to halt a ...
Premium Content (PAID Subscription Required)
"Ford May Idle Venezuela Plant Again" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.