Ford Says Europe Capacity Cuts Enough as Market Stabilizing

Ford Says Europe Capacity Cuts Enough as Market Stabilizing

David Paul Morris/Bloomberg

Ford still plans to break even in Europe by 2015, Odell said. The automaker’s sales in its 19 main markets in Europe rose 6.4 percent in June, outpacing a 6.5 percent industrywide decline. That performance boosted Ford’s market share to 8.2 percent from 7.2 percent a year ago, the company said.