Ford takes its first major step in cutting capacity in Europe with plans to shutter its Genk, Belgium, assembly plant by the end of 2014. The auto maker says it has initiated an information and consultation process with union representatives regarding the factory’s closure, which would displace 4,300 workers. If the proposed plan is confirmed, production of the next-generation Mondeo midsize sedan and S-Max and Galaxy cross/utility vehicles likely would be moved to Ford’s ...
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