Ford will decide by mid-February how many jobs to cut in Europe, a German union said on Tuesday, as reports surfaced that BYD and car contract manufacturer Magna were interested in buying one of the U.S. carmaker's German sites.
The future of the site in Saarlouis, Germany has been unclear since last June when Ford picked ato assemble its next-generation electric vehicle over the German plant, which will stop producing its current model, the Ford Focus, from 2025.
Autos publication Automobilwoche reported that Magna and VDL Nedcar were also among the fifteen interested investors. "It is of secondary importance which continent a possible investor comes from - if a carmaker comes, that's what we would like to see, because it's what we do," Thal said.
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