End of the road for Ford in Cork [video]
![End of the road for Ford in Cork [video] End of the road for Ford in Cork [video]](/cms_media/module_img/3200/1600163_1_articlemedium_ie-439874_19551e25efb744989d7f54f64f994e69.jpg)
The country’s recent boom years were coming to an end. The impact of the oil crisis in 1973 was significant for a country that depended on imports for almost three-quarters of its energy requirements.
The knock-on effects on the balance of payments and inflation were severe and reflected, yet again, Ireland’s susceptibility to external economic pressure.