Hackett to retire 1 October, Jim Farley to become CEOThe only profitable vehicles that Ford sells in Europe and ROW are Transits and Ranger, all the rest barely cover
development and production costs. What we're seeing in those markets is Ford trying to limit the bleeding by
increasing vehicle prices, Ford is literally shrinking its business to profitability but it's now discovering just how
underwater its entire global business has become. God help Ford if it ever asks the same question in the USA.Wed, 05 Aug 2020 20:58:50 +0000
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