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Industry: Email Alert RSS FeedFord feels pressure in the USA.
Automotive News Europe, January, 2002 by Crain, Keith
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FORD OF Europe is in a turnaround mode, but Ford Motor Co. recently announced the drastic changes it plans to make during the next several years in North America to ensure that it has a future.
As it continues to cut some 21,000 jobs in North America, Ford Motor will close three assembly plants and two parts plants. The company plans to get out of a lot of businesses that it probably never should have gotten into, and it will probably lose a lot of money in the process.
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It was not a bright picture that the new CEO, Bill Ford, painted for employees, shareholders, suppliers and ...
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