Using the same One Ford plan that led to strong profitability in North America, we will address the crisis in Europe with a laser focus on new products, as tronger brand and increased cost efficiency.
We recognise the impact our actions will have on many employees and their families in Europe, and we will work together with all stakeholders during this necessary transformation of our business.
While we are facing near-term challenges in Europe, we are fully committed to transforming our European business by moving decisively to match production to demand, improve revenue through new products and a stronger brand, improve our cost efficiencies and take advantage of opportunities to profitably grow our business.
More top news
As people across London celebrate Christmas, Micah Community Church share their Christian beliefs of the special day.
Police are now investigating the 'unexplained' death of a 23 year old man from Erith who was found dead in June.
Most of the squatters who took over the former RBS HQ on Trafalgar Square to feed homeless people on Christmas day have been evicted.