24 October 2012 Last updated at 11:22
confirms plans to close Belgium factory
Ford warned last month that it would be cutting jobs in Europe amid falling demand for motor vehicles
US car giant Ford says it has started consultations on closing its factory at Genk in Belgium with the loss of 4,300 jobs to cut costs.
The company is looking to close the factory - which makes the Mondeo and S-MAX minivan - in 2014.
Unions held talks with the company on Wednesday morning.
The move follows a warning from Ford last month that it would be cutting jobs in Europe amid falling demand for motor vehicles.
Ford said its European operations could suffer losses of $1bn (£630m) this year.
Stephen Odell, chairman and chief executive of Ford Europe, said: "The proposed restructuring of our European manufacturing operations is a fundamental part of our plan to strengthen Ford's business in Europe and to return to profitable growth."
He added that the company understood the impact the potential action would have on the workforce and those connected to them and said that, if the restructuring plan was confirmed, it would will put in place measures and support to lessen the impact for those affected.
As well as Belgium, Ford has plants in Germany, Spain and the UK where it employs 15,000 workers.
Ford's sales fell almost 10% in Europe during the first half of 2012, to its lowest level in 17 years.
The company wants to reduce labour costs and improve plant utilisation in Europe. The region accounts for 25% of Ford's sales, but industry watchers say it uses less than 65% of its capacity there.
Union representative Luc Prenen said that Ford would transfer production of the new versions of the Mondeo and S-MAX marques to its plant in Valencia in Spain.
The Genk plant was expecting to start producing the new Mondeo in October next year.
cheeRS
confirms plans to close Belgium factory
Ford warned last month that it would be cutting jobs in Europe amid falling demand for motor vehicles
US car giant Ford says it has started consultations on closing its factory at Genk in Belgium with the loss of 4,300 jobs to cut costs.
The company is looking to close the factory - which makes the Mondeo and S-MAX minivan - in 2014.
Unions held talks with the company on Wednesday morning.
The move follows a warning from Ford last month that it would be cutting jobs in Europe amid falling demand for motor vehicles.
Ford said its European operations could suffer losses of $1bn (£630m) this year.
Stephen Odell, chairman and chief executive of Ford Europe, said: "The proposed restructuring of our European manufacturing operations is a fundamental part of our plan to strengthen Ford's business in Europe and to return to profitable growth."
He added that the company understood the impact the potential action would have on the workforce and those connected to them and said that, if the restructuring plan was confirmed, it would will put in place measures and support to lessen the impact for those affected.
As well as Belgium, Ford has plants in Germany, Spain and the UK where it employs 15,000 workers.
Ford's sales fell almost 10% in Europe during the first half of 2012, to its lowest level in 17 years.
The company wants to reduce labour costs and improve plant utilisation in Europe. The region accounts for 25% of Ford's sales, but industry watchers say it uses less than 65% of its capacity there.
Union representative Luc Prenen said that Ford would transfer production of the new versions of the Mondeo and S-MAX marques to its plant in Valencia in Spain.
The Genk plant was expecting to start producing the new Mondeo in October next year.
cheeRS
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