FORD SAYS EURO RECOVERY ON TRACK
While GM plans further cuts, Ford’s European leader David Thursfield said on Wednesday that his company might break even this year even in the face of turmoil back in Dearborn and the rest of America. Of course, Thursfield acknowledges, Ford Europe lost $1 billion last year and is the middle of a vast product revamping and restructuring: “We are fairly confident,'' Reuters quotes Thursfield. “But we have no illusions about where we have to go... I have no reason to be singing from the rooftops
by Mike Davis
News obtained from
http://www.thecarconnection.com/index.asp?article=4426&sid=173&n=156
While GM plans further cuts, Ford’s European leader David Thursfield said on Wednesday that his company might break even this year even in the face of turmoil back in Dearborn and the rest of America. Of course, Thursfield acknowledges, Ford Europe lost $1 billion last year and is the middle of a vast product revamping and restructuring: “We are fairly confident,'' Reuters quotes Thursfield. “But we have no illusions about where we have to go... I have no reason to be singing from the rooftops
by Mike Davis
News obtained from
http://www.thecarconnection.com/index.asp?article=4426&sid=173&n=156
