Ford to Shut U.K. Engine Factory, Tabs $650 Million Charge Amid Global Redesign #Marketing @MondoPlayer [Video]

Cristian WorthingtonFeedToPost, MediaVidi Twitter

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Ford Motor Co. (F - Get Report) shares were indicated lower in pre-market trading Thursday after the carmaker said it would take a $650 million charge following a move to close a key production facility in the United Kingdom. Ford said its 1.5-litre petrol engine plant in Bridgend, Wales, would...

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Ford Motor Co. (FGet Report) shares were indicated lower in pre-market trading Thursday after the carmaker said it would take a $650 million charge following a move to close a key production facility in the United Kingdom.

Ford said its 1.5-litre petrol engine plant in Bridgend, Wales, would shutdown in February of next year, a move that would likely mean …