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Ford and Geely secure early retirements in Almussafes ERE with new joint venture
Ford and Geely guarantee early retirements and exits from the Almussafes ERE 2024, with compensation of up to €40,000 and exits from age 53.
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The US government criticises Ford for its alliance with Geely in Almussafes, warning about national security issues.
Ford and Geely guarantee early retirements and exits from the Almussafes ERE 2024, with compensation of up to €40,000 and exits from age 53.
Pedro Sánchez announces the extension of the RED Mechanism at Ford Almussafes until late 2026, costing €45 million and training 4,000 workers.
Ford and Geely create a joint venture ensuring five models are manufactured in Almussafes from 2028, safeguarding 4,200 direct jobs.