Related topics: automakers

Under pressure to change, Ford is reinventing itself

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 ...

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.

Ford accused of 'treachery' in France over factory closure

French Finance Minister Bruno Le Maire accused Ford of "treachery" and "cowardice" on Thursday in a furious reaction to the US automaker's decision to shutter a factory near Bordeaux and snub a potential buyer.

Ford earnings drop on weak China sales

Ford reported a drop in third-quarter profits Wednesday as weak sales in China and higher commodity costs countered the benefit of strong truck sales in North America.

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