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Ford Motor Co. (NYSE: F) has committed to the country of Romania, and will be rolling out its new Transit Connect vehicle today. The compact van will be sold in Romania and in the U.S., with a $20,000 to $22,000 price tag. This comes after Ford took over a state-controlled vehicle manufacturing facility a few years ago, and after spending over $17 million in training costs at the Romanian site to product the new Transit Connect.Ford production posts
FeedFord sees new van production in Romania after spending millions in training costs
Ford Motor Co. (NYSE: F) has committed to the country of Romania, and will be rolling out its new Transit Connect vehicle today. The compact van will be sold in Romania and in the U.S., with a $20,000 to $22,000 price tag. This comes after Ford took over a state-controlled vehicle manufacturing facility a few years ago, and after spending over $17 million in training costs at the Romanian site to product the new Transit Connect.Continue reading Ford sees new van production in Romania after spending millions in training costs
Ford to cut Q2 production by 38%
Ford Motor Company (NYSE: F) is at least positioned better than its U.S. based competition, but that doesn't mean it's doing well. Indeed, the recession is costing the automaker plenty in terms of deep losses and other hurt. Now we can add a production decrease in the second quarter of 2009 to that list.
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