VIENNA – Ford Motor Co. is postponing start of production of a new model at its Ford Romania S.A. plant in Craiova, Romania, because of the global economic crisis. Ford took a majority share in the facility in March 2008 and launched assembly of its new Transit Connect commercial van in September 2009. The factory formerly belonged to the now-defunct Daewoo Automobile Romania SA. According to the original privatization contract signed with the Romanian government, production of a ...
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