Ford to Close Engine Plant in Wales in Latest Blow to UK Car Sector

Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at risk.
Ford to Close Engine Plant in Wales in Latest Blow to UK Car Sector
A Ford logo on the grill of a car on display at the Pittsburgh Auto Show on Feb. 15, 2018. Gene J. Puskar/AP
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LONDON—Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at risk in a further blow to Britain’s once-booming car industry.

Ford, which will take a roughly $650-million pre-tax charge to cover the cost of closing the plant, is making cuts in several countries to turn around loss-making operations in a stagnating European car market.