IT’S a complex story of tumbling sales, investment abroad, state-backed funding decisions and cost-cutting that has left Southampton’s Ford Transit plant with a closure sign above its gates.
A rescue plan to return Ford’s ailing European business to profit will see Transit production end in Southampton next July for Turkey to take on its workload.
A Daily Echo investigation today charts the road that has driven production of the iconic Transit to a sprawling plant in Turkey.
Ford has today “categorically” insisted the offer of a £10m British Government grant and an £80m Euro loan to upgrade its Turkey plant, both awarded in recent months, are “completely unrelated” to its closure plan.
The motor giant insist its Turkey plant has been the lead manufacturer of the Transit for over a decade and the scale of production at Southampton, which has been reduced to a single shift in recent years, is no longer “viable going forward”.
Yet Ford refuses to say when the closure of its Swaythling plant become an option and referred questions to its US headquarters near Detroit back to Europe.
Daily Echo business writer Matt Smith investigates the decisions that led to the plant’s closure...
This site is part of Newsquest's audited local newspaper network | A Gannett Company
Newsquest Media (Southern) Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. HP10 9TY|1350|Registered in England & Wales
This website and associated newspapers adhere to the Independent Press Standards Organisation's Editors' Code of Practice. If you have a complaint about the editorial content which relates to inaccuracy or intrusion, then please contact the editor here. If you are dissatisfied with the response provided you can contact IPSO here