Adding to their long, long list of lay-offs and plant shut-downs, Ford announced that it might have to cut 700 jobs at its plant in Cologne, Germany if it can’t win a bid for smaller engine production. The plant, which is largely responsible for the production of 6-cylinder engines marketed in the US, has denied that they are on the brink of closure. As per an agreement with labor unions, the plant will not demand any mandatory layoffs until 2011. If the bid for 3-cylinder engine production is not awarded, the 700 workers in question will be moved to work in other areas of the plant.
[Source: Automotive News]