- France could take temporary state control of Ford plant
- Ford accused of 'treachery' in France over factory closure in south west
Photo: AFP
French authorities have rejected a plan put forward by US auto-maker Ford to close one of its plants, giving a Franco-Belgian equipment manufacturer more time to improve a buy-out offer.
Photo: AFP
What a strange situation whereby a Government can dictate whether a company can close a plant or to whom it can sell it to. Will the Government pay the company the amount of money the plant is losing everyday? I think not. No wonder France isn’t the first place of choice for manufacturing companies.