Romania: Ford may face fine for missing output pledge

According to a report in the Ziarul Financiar newspaper, Ford may be fined about €14m (US$18.5m) by the Romanian authorities for failing to meet a car production pledge at its southern Craiova-based factory, after receiving state-aid from the government. A Bloomberg article notes that Ziarul Financiar cited Finance Ministry officials in Romania for Subscribe to Automotive World … Continued

• By Webmaster
• November 28, 2011