Ford Motor Co. is in talks with Chinese electric-vehicle maker BYD Co. over the sale of a manufacturing plant in Germany, according to people familiar with the discussions.
Officials from Ford’s management in Germany are planning to travel to China next week to discuss the potential sale of a plant in Saarlouis, where vehicle production is slated to end in 2025. Ford produces its Focus model there. Terms of the deal, including a price, have not been revealed.
Ford said last June it is seeking alternatives for vehicle production at Saarlouis, including involving other manufacturers. The factory employs 4,600 workers.
The Journal report said Ford is also gauging interest from around 15 potential investors, but the terms of any deal are not known.
