"Ford Set to Offload Valencia Plant Facility Amid EU Tariff Shifts: Reports" Global automaker Ford is reportedly in talks to sell a crucial body assembly hall at its Valencia plant in Spain to Chinese conglomerate Geely. The move comes as Geely seeks to sidestep EU tariffs by manufacturing vehicles based on its GEA platform at the Spanish facility. Geely's plans to utilize the GEA platform, which underpins several of its popular models, could significantly impact the European automotive market, particularly as the EU continues to navigate trade tensions with China. As Ford navigates its own restructuring efforts, the potential sale of the Valencia plant facility could mark a significant shift in the company's global operations.
Ford is in discussions to sell Geely a body assembly hall at its Valencia plant, according to Spanish media reports. Geely plans to build vehicles based on its GEA platform to sidestep EU tariffs on ...
