Ford forecasts Q4 $112 mn loss amid restructuring costs

Struggling with a sagging stock price and sluggish sales, US car giant Ford took steps to regain its footing this week with the announcement of a massive restructuring effort in Europe—even as it prepared for an imminent strategic partnership with German carmaker Volkswagen.

Ford forecasts Q4 $112 mn loss amid restructuring costs

Ford said Wednesday it expects to post a $112 million loss in the fourth quarter of 2018 as the automaker implements a massive restructuring in the United States and Europe.

Wed 16 Jan 19 from

Auto industry troubles buffet Ford, Jaguar Land Rover

The headwinds buffeting the global auto industry made themselves felt in Europe on Thursday as mass-market carmaker Ford and luxury-focused Jaguar Land Rover announced sweeping restructurings ...

Thu 10 Jan 19 from

Ford to cut jobs in European revamp

US carmaker Ford said on Thursday that it plans a major restructuring of its European operations, including job cuts, to boost profitability.

Thu 10 Jan 19 from

Ford Europe and Jaguar Land Rover each cut thousands of jobs - Roadshow

In an effort to return themselves to profitability, Jaguar Land Rover and Ford's European division slash thousands of jobs and contemplate factory closures.

Thu 10 Jan 19 from CNET

VW, Ford to reveal global alliance at Detroit Auto Show, report says - Roadshow

The two titans could save a whole bunch of money by teaming up.

Thu 10 Jan 19 from CNET Cutting Edge

Ford's Robutt is a sweaty robot butt for testing vehicle seats - Roadshow

Of all the things to not be at CES 2019...

Tue 8 Jan 19 from CNET

  • Pages: 1


Bookmark and Share