
Ford Motor Co. is poised to sack 4,000 workers at its plant in Valencia, Spain, due to dwindling sales.The move will be effective between January and October next year, according to reports here Thursday.Sales have reduced by one million cars in Europe this year, said the report, indicating that auto production in Spain for 2012 is expected to hit 152,000 cars, 60,000 lower than this year\'s figure.The US automaker had vowed in June to invest 812 million Euro in its plant in Valencia for the coming two years.
GMT 09:47 2018 Tuesday ,23 January
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BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
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US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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