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Ford could sell one of its German plants to China-based BYD

Ford could sell one of its German plants to China-based BYD



The factory that Ford operates in Saarlouis, Germany, may not stop building cars in 2025 after all. While the firm plans to stop car production there halfway through the 2020s, it's reportedly talking to several parties about taking over the plant, including Chinese carmaker BYD.

Anonymous sources told The Wall Street Journal that a team of top Ford officials will travel to China this month to discuss the terms of a potential sale. There's no word yet on how much Ford is asking for the facility, and neither party has commented on the report.