Tag Archives: bob shanks

Barb Samardzich, COO Ford of Europe, to Retire

Barb Samardzich, vice president and chief operating officer, Ford of Europe, will retire on Oct 1 after more than 26 years. Continue reading

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Ford Cuts 2014 Earnings Outlook. Warranty Costs Hurt 2013

In a sense, 2014 is an investment year that will hurt returns short term, but is necessary to keep Ford competitive going forward. Overall, FMC will launch 23 new vehicles globally, with 16 launches in North America, it’s only solidly profitable region. Since these North American freshenings will cover a significant percentage of the region’s volume, Ford said that it now expects sales next year to be lower, even as the region grows by roughly one million units or more in total. Continue reading

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