Automakers

Ford shuts down in Brazil, and China's top EV maker comes to the rescue

Ford Brazil
(Bloomberg)
B
By:
Bloomberg
August 09, 2023 05:16 PM

On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once packed these spaces, next to a Ford Motor plant that covers 1.8 square miles—an area larger than New York’s Central Park. On a recent weekday, a lone security car patrols its perimeter, the only sign of life.

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