/ Ford, Industry, News / Ford’s Europe boss sees region’s recuperation still delicate

Ford’s Europe boss sees region’s recuperation still delicate

Linked In Share
Ford’s Europe boss sees region’s recuperation still delicate

Ford of Europe President Stephen Odell thinks the core region still has weak and feeble economies that hide underlying threats to the slow and rather painful recovery registered across many markets.

With the exception of a few bright spots that shined for many months without any glitch – like Great Britain or Spain – other countries in the region offered mixed results for the automakers since last year’s slow start back to positive outcomes. Ford of Europe shared all the ups and downs in the important markets – like Germany or France.

“You know there’s another economic shock out there somewhere, and clearly Europe has not recovered as an economy as fast as other parts of the world,” he said. “There’s still much debate on how to address the unemployment situation. The longer that debate goes on and actions aren’t taken, the closer you get to the next downturn.”

While many automakers still struggle with increased overcapacity, Ford decided to implement a page from the US text book, closing down three factories and also slowing its annual production by around 350,000 vehicles. The maker is also ready to start its huge product offensive – with no less than 25 new or refreshed models coming in the next five years. Some of them are entirely new to the region – like the Edge crossover or the iconic Mustang sports car.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Thursday, July 10th, 2014 - filed under Ford, Industry, News. Image credit: .
Linked In Share
Related Articles
europe production models recovery shaky


Discuss: Ford’s Europe boss sees region’s recuperation still delicate

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Mercedes-Benz AMG GT to be unveiled on September 9
Mercedes-Benz AMG GT to be unveiled on September 9The newest sports car produced by Mercedes-Benz will be officially unveiled on the 9th of September. Following several spy ...
[VIDEO] Mercedes-Benz S500 Plug-in Hybrid gets new promo
[VIDEO] Mercedes-Benz S500 Plug-in Hybrid gets new promoMercedes-Benz has released a new promotional video with the newly unveiled S500 Plug-in Hybrid. The German based automaker ...
2017 Seat Ibiza teased
2017 Seat Ibiza teasedThe Spanish based automaker Seat has released the first sketch with the new generation of the Ibiza which is said to go on sale ...
Volkswagen Golf GTD Variant spied
Volkswagen Golf GTD Variant spiedVolkswagen is currently testing out the wagon version of the Golf GTD as the model in question has been caught on camera by our ...
[Video] Mercedes simulator trains you to become the better driver
[Video] Mercedes simulator trains you to become the better driverWhile life-sized simulators are generally associated with the training of plane pilots, the machines have been successfully ...
2015 COTY candidates announced
2015 COTY candidates announcedThe first candidates of the 2015 Car of the Year award have been recently announced but the winner will be presented next year, ...
Honda’s Mobilio jumps from Indonesia to India
Honda’s Mobilio jumps from Indonesia to IndiaThe Japanese automaker aims to improve its market share in the huge India by porting a model that has become an outstanding ...
New British sports car teased – Ant-Kahn Evanta Barchetta
New British sports car teased – Ant-Kahn Evanta BarchettaA brand new British sports car is about to hit the market with its appealing looks under the Ant-Kahn Evanta Barchetta name. The ...
General Motors – 6 new recalls announced
General Motors – 6 new recalls announcedGeneral Motors is continuing to announce new recalls with six separate campaigns which are covering nearly three quarters of a ...
Chevrolet debuts its Manchester United sponsorship in the US
Chevrolet debuts its Manchester United sponsorship in the USGeneral Motors decided that a shirt sponsorship deal for the next seven years with England’s Manchester United is well worth ...
2014 Renault Megane introduced in Australia
2014 Renault Megane introduced in AustraliaRenault has recently announced the launch of the updated Megane across the Australian continent, where the cheapest version is ...
Recall roundup: Mercedes-Benz SLK and SL for Takata airbags
Recall roundup: Mercedes-Benz SLK and SL for Takata airbagsThe German based automaker Mercedes-Benz has recently issued a recall for the SLK and for the SL roadsters because of the Takata ...
Mercedes-Benz to further cut costs, even as profit beats estimates
Mercedes-Benz to further cut costs, even as profit beats estimatesDaimler AG announced a second-quarter profit that positively outpaced analyst forecasts, thanks to increased deliveries from the ...
[VIDEO] Hear the 2015 Ford Mustang EcoBoost
[VIDEO] Hear the 2015 Ford Mustang EcoBoostAnother video upload with the brand new 2015 Ford Mustang is partially revealing the sound of the EcoBoost four-cylinder ...
[VIDEO] Dodge Challenger SRT Hellcat – POV drive on the track
[VIDEO] Dodge Challenger SRT Hellcat – POV drive on the trackA new video with the recently unveiled Dodge Challenger SRT Hellcat is showing the impressive muscle car go around on the track ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Mercedes-Benz-AMG-GT-1
VW Golf GTD Variant 01
bmw m4 coupe tuning vorsteiner 1
2015 toyota yaris facelift united states 1
mercedes-benz a45 amg tuning vath 1
2015 porsche cayenne facelift 1
2015 hyundai tucson 2
Smart Brabus 01
Audi Q7 01
Mercedes ML Facelift 03
Jaguar XJ Facelift 01
Honda NSX 01

More automotive from inautonews
The newest sports car produced by Mercedes-Benz will be officially unveiled on the 9th of September. Following several spy photos and teaser images with it, the new Mercedes-Benz AMG GT is about to be officially unveiled. According to the German automotive media, the model in question will be ...
read more
Inautonews Editors Section
Review – German GP 2014
Review – German GP 2014Taking Rosberg’s easy win out of the picture, the German GP was truly spectacular, full of wheel-to-wheel racing, some of the overtakes backfiring ...
Britain and Germany go to war
Britain and Germany go to war1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of Schumacher but loses the car at the first ...
Racing tracks – sleeping pill or energy drink?
Racing tracks – sleeping pill or energy drink?The racing weekend took us across the whole world last weekend, with dull or spectacular racing being influenced not only by the quality of the ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety General Motors – 6 new recalls announcedGeneral Motors is continuing to announce new recalls with six separate campaigns which are covering ... Recall roundup: Mercedes-Benz SLK and SL for Takata airbagsThe German based automaker Mercedes-Benz has recently issued a recall for the SLK and for the SL ...
Safety Section