Ford to axe up to 750 jobs at Dagenham

14:30 25 October 2012

Redundancies: The stamping plant is to close with the loss of up to 750 jobs next year

Redundancies: The stamping plant is to close with the loss of up to 750 jobs next year

Archant

Ford is to close its Dagenham stamping plant next year with the loss of up to 750 staff, the car giant confirmed today.

Up to 3,250 jobs will be safeguarded in the Dagenham engine plant, which will start to mak new low carbon emission engines from 2016.

The announcement came on the day the country officially came out of a double-dip recession.

Ford said it was moving to shut the stamping and tooling facility in Chequers Lane in a bid to tackle the “severe and persistent economic crisis” on European markets.

The car maker expects to make a loss of at least $1.5billion within its European division this year.

Ford of Europe chief executive Stephen Odell said: “We have to act quickly and decisively to address the collapse in consumer demand in Europe today and position Ford for profitable growth tomorrow.

“The European market holds potential for profitable growth if we accelerate product development and move decisively to address our costs and overcapacity.”

Today, the car maker also confirmed it planned to shut a 4,300-staff plant in Genk, Belgium, and its 500-staff factory in Southampton, ending 100 years of vehicle production in the UK.

The Dagenham stamping plant makes panels for cars and vans and employs 750 staff, a Ford spokesman said.

Around 4,000 employees work on the Dagenham estate in total.

Ford bosses said combined engine output at Dagenham was to remain around one million.

Mark Stephens, Unite rep at the stamping plant, said he feared for the worst ahead of the announcement yesterday.

Mr Stephens, 49, told the Post : “We tend to take a pessimistic view. We’ve been hit so many times in the UK.”

The car maker said today’s announcement sought to address manufacturing overcapacity triggered by a 20 per cent drop in vehicle demand in Western Europe since 2007.

Ford bosses hope the redundancies can be achieved voluntarily.

A spokesman said: “Ford’s goal is to achieve employee reductions in the UK through voluntary means, enhanced employee separation programs and redeployment to other Ford locations.”

A spokesman said the car maker was expected to make a profit overall on world markets this year.

Sign up for our news alerts today!

Our editors' picks for the day's top news delivered to your inbox or phone.

Sign up for email alerts Sign up for mobile alerts
1
2 3 4 5 6
7

Latest business news

Friday, April 8, 2016
Prime minister David Cameron wants the United Kingdom to stay in the EU. Photograph: Stefan Rousseau/PA

Thousands of people are planning to protest outside the prime minister’s home at Downing Street on Saturday April 8 after revelations about his personal finances.

Monday, April 4, 2016
Young people can only get takeaway food unless they are accompanied by an adult  (Photo: Scott Olson/Getty Images)

A McDonald’s in Sutton has banned unaccompanied under-18-year-olds from eating inside, prompting claims of age discrimination.

Friday, February 26, 2016
London City Airport

London City Airport has been sold to a Canadian-led consortium for an estimated £2billion.

Friday, February 5, 2016
Plans: An artist's impression of the Shoreditch Highgate hotel (right), viewed from Boxpark

Regulars of east London’s biggest gay sauna today told of their devastation at news Chariots in Shoreditch is set to close.

Thursday, February 4, 2016
Chalk Farm Road looking south towards the Roundhouse in 1967 (All pictures courtesy of Camden Council)

A gallery showing classic images of the last 50 years in Camden has gone on display.

Tuesday, January 5, 2016
The pay gap between City bosses and workers is 'shocking' (Picture: Getty)

The UK’s shocking pay gap is being highlighted by ‘Fat Cat Tuesday’, the day top FTSE 100 CEOs will have pocketed more than £27,645 (the average UK yearly salary) in just five working days.

Competitions

Kindle 7 inch tablet

Are you looking for a brand new gadget to help you stay connected on the go and make that long journey home a bit more entertaining? Look no further. MyOffers is giving you the chance to win 1 of 50 Kindle Fire 7” Display Tablets! That’s 50 times more chances to win, so hurry up and enter our competition today and you could be one of our lucky winners!

Read more
Yummy traditional afternoon teas for two

MyOffers is giving you the chance to win 1 of 50 Traditional Afternoon Teas for two at a location of your choice! That’s 50 times more chances to win, so hurry up and enter our competition today and you could be one of our lucky winners!

Read more

London Bloggers

Saturday, September 26, 2015
Vintage Salt

Vintage Salt, in Liverpool Street, is wonderfully atmospheric, like stepping back into a dining room at a period seaside resort.

Friday, September 25, 2015
Pickled sardines

On a dreary main road where high rise flats line the horizon Rootdown restaurant stands next to a busy roundabout.