...Ford is slashing jobs and investment in the EU. Did you watch the Grand Tour’s funeral for a Ford? That is the future. Ford will slowly unwind its contracts and positions. Too little profit and too unstable politically. Each little fiefdom wants its own set of rules, taxes, favorites, etc. Too much overhead for low margin cars.
Ford is adapting its business to the market in EU. Is cutting excess production capacity, cutting jobs and making aliance with other automaker (VW) to improve its line up here. Nothing that all automakers have ever done in their lives . Even the marvelous Tesla (
) cut jobs early 2019 https://edition.cnn.com/2019/01/18/b...usk/index.html
Ford decided to continue in Europe, and is making the decisions to return to profitability. The Ford of Europe line up is taking shape:
-Gone are the slow selling people movers (B-Max, C-Max and soon the S-Max and Galaxie) and the "big" sedan (Mondeo).
-There are a new "high ride" (Active) version for the Ka+, Fiesta and Focus.
-There are new crossovers (Puma, 2021 Fusion crossover)
-New SUVs (new Kuga, Explorer and , almost sure, the Bronco and Baby Bronco).
-New electrified (Hybrid and PHEV) powerplants, next year, for Focus, Fiesta, Puma, Explorer, Kuga.
-New EV in 2021 (Mach E Mustang inspired crossover).
-New EV, possible a traditional hatch, on VW´s MEB for the next 2 or 3 years, and another under discussion.
Is this a moribund automaker?
And about Grand Tour´s funeral for Ford, I thought that program was already buried! If not, let someone do it, please!