Afternoon Coffee: Ford to Shift Production of More Cars Abroad, Coupa Opens ‘European Hub’

US automaker Ford will stop operating a Michigan factory in 2018 and move production of its Ford Focus and C-Max wagon abroad, although an exact location has not been reported. The move is an attempt to increase profitability.

Coupa Software opened a new European hub in Dublin, which is expected to create 120 jobs focused on technical support and account management, technical training, sales, finance and other areas.

Nearly 60 people have been injured due to a defect on General Motors cars, which has prompted the automaker to recall 686,287 vehicles in the US. The problem reportedly has to do with the power lift-gate prematurely wearing.

Takata rejected a proposal from Senator Richard Blumenthal, D-Conn., for the company to set up a compensation fund for victims of defective airbags. Takata Executive Vice President Kevin Kennedy said such a fund is not necessary at this time.

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