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Ford Motor Co. said Wednesday its sales in 19 European markets grew 12.8 percent in October compared with a year ago. "This is the strongest October we've had in Europe for 12 years, and it shows we must be doing the right thing in the eyes of our customers,"...
Tags: Ford Motor Co., Ford of Europe, Ford Europe, European, european market
Ford executives battened down the hatches for a prolonged downturn in demand stretching years ahead by warning of more cutbacks to come. Their comments came as consultants said cumulative cash burn this year could be between €18bn (£16.6bn) and €30bn...
Tags: Ford Europe, Ford of Europe, Ford Motor Co., Northern Ireland, John Fleming, cut capacity, sustainable profitability, New York, Cologne
Ford has increased the use of shared components between its other brands and Volvo to try to reduce costs. However, this could make a sale more difficult as it did with Jaguar and Land Rover. With the two British brands, the prospect of selling them together...
Tags: Ford Europe, Stephen Odell, Mr. Odell, Volvo Cars, chief executive