"Ford's Valencia Plant on the Block: Geely Eyes Potential Acquisition. In a move that could have significant implications for the European automotive market, Spanish media reports indicate that Ford is in talks to sell a key body assembly hall at its Valencia plant to Geely. The Chinese automaker is reportedly eyeing the facility as a way to sidestep EU tariffs on vehicles imported from China by building cars based on its GEA platform in the region. If the deal goes through, it would mark a significant expansion of Geely's presence in Europe, potentially putting pressure on established manufacturers to adapt to the changing landscape."
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 ...
