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Jun
15th

Ford eyes transmission plant sale or closure – the week

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It was not, to put it mildly, the best week for autoworkers, at least this side of the pond. A sharpened American axe this week appeared over the automatic transmissions factory in Bordeaux, France, (see, they make more than fine wine there). Should the automaker not secure a buyer for its Ford Aquitaine Industries (FAI) site at Blanquefort in south west France, the factory will close, although no forced redundancies would be implemented before September 2019. Not good news.
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