News Artcle

Ford expects to return to profit in Europe in 2015

Published July 9, 2014

Dearborn, Mich. • Ford Motor Co. says it remains on track to make a profit in Europe next year despite the fragile economy there. Ford hasn’t earned a pretax profit in Europe since 2010, and it lost $1.6 billion in the region last year. But Ford Europe president Stephen Odell said Wednesday that three plant closures and more than a dozen new products are helping reverse that. Ford’s sales are up 6.6 percent in Europe this year, outpacing the industry. Commercial vehicle sales rose 21 percent in ...

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