Ford Launches Phase One of Its Restructuring Plan; Changes Target Money-losing European Arm

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Ford Europe announced it had shuffled its leadership on Friday as part of a larger restructuring plan, appointing executives in Germany and the United Kingdom to oversee “Sprint to 6 Reset and Redesign.” The strategy seeks to achieve a 6 percent EBIT (earnings before interest and taxes) margin, investing only in products and services that it believes best […]

The post Ford Launches Phase One of Its Restructuring Plan; Changes Target Money-losing European Arm appeared first on The Truth About Cars.

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Author: Matt Posky

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