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Ford will close its three plants in Brazil this year and take pretax charges of about $4.1 billion as COVID-19 pandemic amplified company's underuse of its manufacturing capacity.

World Business Watch: Ford announces closing of Brazil manufacturing operations

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Ford will close its three plants in Brazil this year and take pretax charges of about $4.1 billion as COVID-19 pandemic amplified companys underuse of its manufacturing capacity.

<p>Ford will close its three plants in Brazil this year and take pretax charges of about $4.1 billion as COVID-19 pandemic amplified company's underuse of its manufacturing capacity.</p>
