Ford Motor Co.'s plans to trim $1 billion in costs out of its flagging European operations include closing one car plant, turning manual transmission operations over to a joint venture and cutting 1,400 jobs in the U.K. In last Friday's (May 12) announcement, Ford confirmed months-long rumors it would stop building Fiesta small cars at its Dagenham, U.K., plant after the current model builds out in first quarter 2002. That will idle 1,900 workers (on top of previously announced cuts of ...
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