Ford announces transfer of ownership of the Craiova plant to its partner Ford Otosan

Ford announced significant strides toward an all-electric future in Europe, which will see the company transformed and offering a new generation of seven, all-electric, fully-connected passenger vehicles and vans by 2024, including the news that Ford Otosan JV will be assuming ownership of Ford’s Romanian manufacturing operations, subject to regulatory approval and consultation.   Today’s announcements build on ...

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