Ford to invest nearly $5B in struggling German arm to grow commercial sales
To support the transformation of its business in Europe and increase long-term competitiveness, Ford will fund the plan for ...
Ford (F) Rammed into Reverse as it Injects $5B into Ailing German Auto Arm
Shares in US motor giant Ford (F) reversed today on plans to prop up its ailing German business with a $5 billion cash ...
Ford to inject up to $4.8 billion to shore up cash-strapped German unit
Ford will inject up to 4.4 billion euros ($4.8 billion) into its struggling German operations as it tries to revive its ...
Ford to inject up to €4.4-billion into cash-strapped German business
Its Ford-Werke German arm will continue strategic transformation initiatives, focusing on reducing costs and increasing ...
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Ford to invest nearly $5B in struggling German arm to grow commercial sales
The move is considered risky due to weak EV demand and competition in the European market, but also sensible as Ford needs to make significant moves to gain market share. Ford aims to capitalize ...