A security guard locks a gate after workers left the Ford Transit Assembly Plant in Southampton, England after being told that the site will close with the loss of up to 1,500 jobs Thursday Oct. 25, 2012. Ford, which expects to lose more than $1 billion a year in Europe, has been pursuing plant closures and layoffs. Fears were mounting that the axe may also soon fall in Britain as trade unions at Ford's Southampton plant have been called in for a meeting with management on Thursday. (AP Photo/Chris Ison/PA) UNITED KINGDOM OUT
Ford to shut more plants as Europe losses grow
A security guard locks a gate after workers left the Ford Transit Assembly Plant in Southampton, England after being told that the site will close with the loss of up to 1,500 jobs Thursday Oct. 25, 2012. Ford, which expects to lose more than $1 billion a year in Europe, has been pursuing plant closures and layoffs. Fears were mounting that the axe may also soon fall in Britain as trade unions at Ford's Southampton plant have been called in for a meeting with management on Thursday. (AP Photo/Chris Ison/PA) UNITED KINGDOM OUT
By ROBERT BARR
Associated Press /
October 25, 2012
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Odell said it is likely European car sales could be even lower next year than this year.
‘‘Frankly, we do need to see some signs of economic recovery, or at least stability,’’ he said.
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Auto Writer Dee-Ann Durbin in Detroit contributed to this report.
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