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The multinational automobile manufacturer Ford immediately stopped manufacturing its three cars in Brazil: Ka, Ka Sedan and EcoSport, to import around 30 cars produced in its factories abroad.
Multinational Ford, which closed its factories in Brazil, announced on June 28 that its financial services arm, Ford Credit, will close operations in Brazil and Argentina. With this decision, the company will assume a billionaire debt that could reach up to US$ 375 million (approximately R$ 1,85 billion at current quotations).
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The US multinational automaker said it expects most of these losses, which include US$365 million (R$1,80 billion) related to foreign currency, to be recognized in 2021, although the timing for the completion of the stoppage is uncertain.
Ford announced that it would pay about US$ 10 million (R$ 49 million) in cash for the dismissal of employees. In addition, in early June, news published by the press reported that Ford would pay approximately R$ 2,5 billion to the State of Bahia after the decision to close its factories in Brazil.
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Ford will end parts manufacturing in Brazil until December
Ford announced on January 11th that it would shut down operations at the two remaining factories in Brazil and took the Brazilian market by surprise.
With that, the multinational automobile manufacturer immediately stopped producing its three national cars: Ka, Ka Sedan and EcoSport, to offer exclusively imported vehicles in our market.
The trio was manufactured at the Camaçari (BA) unit, which will remain in operation until the end of November for the production of spare parts.
The same happens with the Taubaté unit, responsible for the production of engines and transmissions. At both factories, the dismissal of employees is already underway – last March, including, UOL Carros published a video with the destruction of approximately 900 unfinished Ka and EcoSport bodies after the decision to close down local manufacturing.
Troller factory will be sold and 470 employees may be unemployed in Ceará
Ford also has the Troller factory in Horizonte (CE). The line will maintain the production of the 4×4 T4 utility vehicle until the end of this year, in case the blue oval does not find a buyer before then.
Without factories in the country, the “new Ford” is also reducing its dealer network, which until before January 11 had more than 280 authorized dealers and will fall to approximately 120.
Recently launched in Brazil, the SUV Bronco Sport is the first new model of this new stage.
Ford Motor will import around 30 cars a year through the port of Vitória produced in its factories abroad.
The automaker Ford Motor starts importing vehicles through the Port of Vitória. Last week, 450 cars arrived in the state on the Torrens ship. It is estimated that approximately 30 cars will arrive in Brazil, via Espírito Santo, per year.
On May 18, the first vehicles of the American automaker arrived at the port of Vitória. Before, Ford brought its cars through Baixada Santista and Bahia.
Now, the Vila Velha Port Terminal (ES) will be Ford's only gateway to Brazil. According to Log-In Logística, the company responsible for the operation, the complex will receive, annually, around 28 thousand and 30 thousand cars from the American company.
The delivery was accompanied by Governor Renato Casagrande, who also saw the new vehicle storage and handling yard operated by LogIN TVV within the Port of Vitória.
In a move contrary to that of Ford, Volkswagen — the largest multinational vehicle manufacturer in the world, invests in production and in a factory in SP
In a move contrary to that of Ford, Pablo di Si, executive president of the multinational Volkswagen in Latin America, announced, in an interview with Reuters, on the 7th, the commitment to launch a new cycle of investments in Brazil. According to the executive, the details of the investment will be announced at the end of the year by the Group's Global CEO, Herbert Diess.
According to Pablo di Si, “we have defined (the investment) and have already stopped production at our factory in Taubaté to prepare the new platform”. The executive did not give details of the products, but it is known that one of them is the Polo Track, the brand's new access model in Brazil.
The Taubaté factory currently produces two compact cars, the Sedan Voyage and the Gol hatchback.
So far this year, Volkswagen has become Brazil's best-selling brand, replacing General Motors Co (GM.N) after many years, as, in part, GM production in Brazil was interrupted more than Volkswagen's by a global shortage of chips.
