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Is Ford Planning to Sell Part of Its Spain Plant to Geely?
ZACKS· 2026-05-08 01:00
Ford Motor Company (F) is reportedly in highly advanced discussions with Geely Automobile Holdings Limited (GELHY) over the potential sale of part of its Valencia manufacturing plant in Spain. The agreement could also pave the way for a new electric vehicle project. Per Spanish outlet La Tribuna de Automoción, as cited in an Electrek article, Geely plans to acquire the Body 3 assembly lines at Ford's Valencia facility and is evaluating the production of a new model, internally known as "135," at the site. T ...