Ford will shut all three of its production facilities in Brazil this year and import vehicles from other markets in South America, including neighbouring Argentina and Uruguay, to meet demand in the country.
The decision means the closure of plants at Camaçari, Taubaté, and Horizonte. Ford said the Covid-19 pandemic had worsened an already unfavourable economic environment in Brazil, which had led to persistent idle capacity and reduced sales in the country, compounding years of significant losses.
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