Ford on Track to Record 2015 Europe Profit as Sales Rise

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Ford Motor Co., targeting an end to losses in Europe, maintained its forecast to return to profitability in the region by 2015, as it reported auto sales for the first six months that outpaced the broader industry.

“We are very, very pleased with where we are on our European transformation plan,” Stephen Odell, Ford’s Europe chief, told reporters today at the company’s headquarters in Dearborn, Michigan.