BERLIN Nov 28 Ford Motor Co may delay the next versions of the Galaxy and S-MAX minivans as it plans to shut a factory in Genk, Belgium, where the vehicles are made, German magazine Auto Motor und Sport reported on Wednesday.
Scrambling to cut costs and stem European losses, the U.S. manufacturer said on Oct. 24 that it plans to close the Genk factory employing about 4,300 workers by the end of 2014 and shift production to Valencia.
The shutdown of Genk would delay introduction of the new Mondeo mid-size car, which like the Galaxy and S-MAX, is assembled at the eastern Belgian site. All models are nearing the end of their life cycles.
Ford of Europe spokesman Adrian Schmitz declined to confirm the article, telling Reuters that the car maker "does not discuss future product programmes".
"We have not communicated publicly any launch details of future CD segment models other than of Mondeo," Schmitz said.
Ford, which posted a $468 million European loss in the third quarter, expects to lose a combined $3 billion in the region in 2012 and 2013.
CORRECTED-PRECIOUS-Gold steady ahead of US data this week, weaker dollar supports
(Corrects first bullet point to "high", not "low", and last bullet point to "this week", not "next week") BENGALURU, June 26 Gold prices were little changed on Monday as the market waited for a flurry of key U.S. economic data this week, with a weaker dollar offering some support. FUNDAMENTALS * Spot gold was nearly flat at $1,256.06 per ounce at 0050 GMT, staying near a one-week high hit on Friday. * U.S. gold futures for August delivery