BORDEAUX, France — Ford will end production at its Blanquefort plant in France by late August next year after rejecting a rescue deal for the factory, in a move which drew the ire of France’s finance minister because of the risk of large-scale job losses.
The French government had this autumn expressed optimism that the plant in southwest France and its 850 employees would be saved, but Ford told the plant’s works council that it had rejected the bid made by transmission supplier Punch Powerglide.
