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3 2.18 to 2.23.2019 statement, pointing out that it is evaluating the consequences of the decision, and execs for Flamma as well as other suppliers spent Tuesday’s afternoon analyzing the issue. None was available for comments, according to Agência AutoData. Members of Abrafor, the body congregating Ford trucks dealerships, also spent the afternoon discussing the issue, and did not issue any statement for this report. The distribution network comprises 110 points of sale. The decision to quit the truck market in South America was made “after having spent several months unsuccessfully looking for alternatives to keep the plant operating. This included both the possibility of partnership and the selling off of the operation”. In January, CEO Jim Hackett gave a clue during a meeting with stockholders: the company would see through significant global changes in its operation this year: “This is the time to bury 2018 in a deep grave, regret what we could have been, and really focus on what we want to be”. What the company wants to be is a manufacturer of SUVs, hatch models, and pick-ups, and to develop technologies related to electric power. So much so that, last year, it informed that production of sedan models would be halted in the U.S. – changes in consumer demand and the resulting low profitability of the business impelled Ford to make this decision. This scenario, plus the low sales volume in China, imposed losses worldwide, for the last four years. The SBC plant, according to data provided by the local union, currently employs 3.2 thousand workers, being 2.8 thousand on Ford’s payroll and the balance working on third parties. As per the Work Collective Agreement signed in 2017, there would be a new meeting between both parties to discuss new investments by Ford in São Bernardo. This meeting did not take place. Ford leaves São Bernardo, but not São Paulo state. The company currently operates an engine plant for light models in Taubaté, which serves, in addition to the plant currently being shut down, those cars produced by the company in Argentina and Camaçari, BA. The Bahia plant manufactures the Ford Ka and EcoSport cars and engines. In 2018, as per Anfavea data, Ford Trucks sold in Brazil 9 thousand 314 units, which meant an increase of 19% on the volume licensed in 2017. The company stock, listed on the NYSE, closed the day upwards, worth US$ 8,83. The company was first established in the area in 1968.