Closed factories: a sad farewell to the Brazilian auto industry
A giant automaker has ended up choosing to close its factories in Brazil, in 2021. It’s a sad farewell, but its cars are still on the streets and Brazilians love them.
a stronghold It is one of the major auto manufacturers in the world, and has some factories in Brazil, in Kamacari in Bahia that it TaupatiSao Paulo Ford Motor Company, and in horizonin Ciara, for Jeep Troller.
However, the automaker decided to close all of its plants in Brazil: “At As the Covid-19 pandemic swells the ongoing idle industry capacity and reduces salesThe company said in a statement that years of great losses.
Despite this, Ford ranked as the fifth best-selling brand in the country in the previous year, in 2020, with just over 7% market share.
The closure of its factories did not mean its exit from the market, but merely a new strategy for the brand that continues to work with offices and with the sale of more cars targeting the A-class, with models costing from R$200,000.
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According to the balance made by the “UOL” portal, after one year of factory closures, the automaker recorded a 72% decline in its sales in Brazil, with only 1% of its national market share.
When was Ford founded?
The American automaker, one of the world’s leading corporations, was founded on June 16, 1903.
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Originally posted 2023-07-17 11:42:47.