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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 Motor Co. has pulled an executive back from Europe to run its North American factories in an effort to free the current manufacturing chief to focus on standardizing the automaker's operations across the globe. James Tetreault, 52, currently vice...
Tags: president, ford, automaker, bailout, work force, Ford of Europe