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Home Government of SP announces that Caoa will buy closed Ford factory

Government of SP announces that Caoa will buy closed Ford factory

4 from 2019 from September to 09: 47
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Government of SP manages to close an agreement with Caoa
SP will have Caoa factory

After seven months of articulations, the government of SP announces a new buyer for the factory that Ford closed in February, dismissing almost a thousand people

Seven months after announcing the closure of its plant in São Bernardo (SP), and to announce in July the start of mass layoffs, Ford announced that Caoa has a strong interest in buying the factory in the ABC region of São Paulo.
The announcement was made by the governor of São Paulo, João Dória, who also stated that the deal should be completed within 45 days.

Without disclosing the values ​​involved in the negotiation, the governor of São Paulo, who since Ford announced the closure of the plant, has been helping in negotiations to sell the factory, was very happy with the favorable outcome of the negotiations.

The factory in São Bernardo (SP) was responsible for the production of the Fiesta, with production already finished, and also for the Ford truck line.
According to Wagnão, president of the ABC Metallurgist Union, Caoa will start hiring around 750 workers who, added to the 600 employees who remained working on the truck assembly line and with other workers who were dismissed in recent months, should add up to 1.800 jobs. work to run the new owner's factory.

The trade unionist also stated that Ford will keep manufacturing the trucks in São Bernardo (SP) until the end of October, and from then on, Caoa should take over operations.

Caoa will continue manufacturing Ford trucks under the licensing regime, paying royalties to the North American automaker.

the chaoa

Carlos Alberto de Oliveira Andrade, chairman of the board at Caoa, confirmed that a new car will be produced at the factory, but it will not be from the Chinese automaker Chery or from the South Korean Hyundai, brands that it sells in Brazil, "It will be another brand", said the new owner. It is speculated on the market that it is a vehicle from the Chinese automaker Changan.

The company that now owns the factory in São Bernardo (SP), has factories in Anápolis (GO), where Chery's Tiggo 5X and Tiggo 7 SUVs come out, as well as Hyundai's ix35 and New Tucson SUVs; and in Jacareí, in the interior of São Paulo, responsible for the production of the Arrizo 5 sedan and the Tiggo 2 SUV, both by Chery.

Also read here on CPG ! Agreement closed: Rio will keep 2,5 billion reais from the transfer of rights!

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