Industryweek 7363 Ford Logo

Ford to Keep Fiesta Production in Germany

June 10, 2014
Ford will maintain production of the current model of the Fiesta as well as future versions of the car in Cologne rather than transfer it to a lower-wage country.

FRANKFURT - Ford (IW 500/8) said Tuesday it will continue to manufacture its Fiesta compact car in Cologne, Germany, beyond 2016 after months of negotiations with employees.

Ford said in a statement it will maintain production of the current model of the Fiesta as well as future versions of the car in Cologne rather than transfer it to a lower-wage country.

In addition, the car maker extended for another five years a job guarantee for the site's 24,000-strong workforce.

In return, it was agreed with unions that costs would be cut by $400 million (295 million euros) between 2017 and 2021 via more flexible working hours and cuts in bonuses.

The announcement will come as a relief for workers who had feared a possible closure of the plant following the decision to shut down plants in Belgium and Britain in the face of Ford's 1.6-billion-euro loss in Europe.

Copyright Agence France-Presse, 2014

Popular Sponsored Recommendations

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

3D Printing a More Efficient Factory Floor

Nov. 16, 2023
Today’s additive manufacturing platforms make it simple to print a wide range of high-performing industrial parts as soon as possible and right where you need them — unlocking...

Modern Edge Computing Accelerates Smart Manufacturing Initiatives for Discrete Manufacturers

Oct. 22, 2023
Discover how Edge Computing platforms are a requisite for discrete manufacturers to solve production challenges, accelerate digitalization, and establish a reliable infrastructure...

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!