Ford Motor Co said from this year it will close all operations in Japan and Indonesia as it sees "no reasonable path to profitability" in the two countries.
Ford will exit all areas of business, including shuttering dealerships and stopping sales and imports of Ford and Lincoln vehicles, according to an email from Asia Pacific President Dave Schoch to all employees in the region. Product development carried out in Japan will be shifted elsewhere.
"Unfortunately, this also means that our team members based in Japan and Indonesia will no longer work for Ford Japan or Ford Indonesia following the closures," Schoch wrote. A Ford spokeswoman earlier confirmed that an email regarding the decision was sent to employees.
The automaker employs 292 workers in Japan, while it has a staff of 35 in Indonesia and 44 dealerships there, according to Shanghai-based Ford spokeswoman Karen Hampton.
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