July 5, 2022

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Ford announces Taubaté plant (SP) sale agreement

Ford announces Taubaté plant (SP) sale agreement

Alessandro Reese

From UOL, in São Paulo (SP)

05/18/2022 10:16 AMupdate in 05/18/2022 11:01 AM

Ford has signed a commitment agreement to sell the Taubaté Plant (SP) to São José Desenvolvimento Imobiliário, the automaker announced this morning.

In 2020, São Jose It has already acquired the land and facilities of the automobile plant in São Bernardo do Campoat ABC Paulista, to convert both of them into a logistics hub.

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According to Oval Azul, the completion of the deal referring to the Taubaté unit, which produces engines and transmissions and closed last year, depends on the approval of the CADE (Administrative Council for Economic Defense).

The entire process should be completed within 60 to 90 days, adds Ford, which in early 2021 announced the end of car production in Brazil To become an importer only in the country.

With this decision, Ford closed the activities of factories in Camaçari (BA), which manufactured the Ka and EcoSport models, and pulled off the line, and in Taubaté. Troller unit also closed, in Horizonte (CE)which belongs to the North American brand.

The São Bernardo do Campo plant, which assembled the trucks and the Fiesta, closed in October 2019.

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