China

Ford shuts down in Brazil, and China’s top EV maker comes to the rescue

Ford Brazil
Production at this engine plant in Camacari, Brazil, is ceasing immediately. (Bloomberg)
SP
By:
SIMONE PREISSLER IGLESIAS
LL
By:
LEONARDO LARA
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By:
Bloomberg
|
August 09, 2023 05:16 PM

On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once packed these spaces, next to a Ford Motor Co. plant that covers 1.8 square miles—an area larger than New York’s Central Park. On a recent weekday, a lone security car patrols its perimeter, the only sign of life.

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