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CAOA signs preliminary agreement to buy Ford plant in Sao Bernardo do Campo, Brazil

On September 3, CAOA reached a preliminary agreement, pending due diligence, to buy Ford Motor Company’s oldest plant in Sao Bernardo do Campo, Brazil.
Ford had announced that it will close the Sao Bernardo do Campo by the end of 2019 as part of its own global restructuring.
CAOA currently produces cars for Hyundai a....

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