12.01.2021. / 11:34
NEW YORK – The American car manufacturer Ford Motor Co. announced today that it will close three of its factories in Brazil this year due to the aggravating tax conditions caused by the corona virus pandemic.
Ford officials say the move came as part of a global restructuring plan that should bring the US company a profit of $ 11 billion, Reuters reports.
The closure of factories in Brazil will affect about 5,000 employees, mostly Brazilian citizens, Ford said. Tanjug
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