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2000 Restructuring of the Automotive Operations:
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Ford of Europe:
2000 Restructuring
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Ford of Europe Business Review
Overview
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- On-going cost reductions of over $1 billion
- Five-year investment of $500 million in Dagenham Engine
Plant
- Confirmation of $15 million investment for central London
Ford Design Centre
- Introduction of nine significant new product actions
every year for five-years
- Diesel engine production could be increased by 80,000-100,000
units per year
- Additional new engine could be added to three programmes
already confirmed and will support Ford goal of diesel industry
leadership.
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- Proposed joint venture company to be established with Getrag
for manual transmissions
- Net result of end to vehicle assembly and major body construction
at Dagenham is total of 1,400 job losses at Dagenham Estate by first
quarter of 2002
- Four vehicle plants clearly focused on specific production requirements:
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Ford C/D(Mondeo)
car requirements to be met by Genk,
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C(Focus) car by
Saarlouis,
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B(Fiesta) car by
Cologne and
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Valencia to continue with both
B(Ka) and C(Focus) car production.
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Photos: Ford Motor Company
- Establish supplier parks at all plants to support modular assembly
programme
- Joint venture to develop Cologne Forge and Die Plant operation
- $12 million Ford-funded initiative to provide Employee Support
Programme
- Creation of further 360 jobs with transfer of Commercial Vehicle
Engineering
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