GERMANY: Ford Europe said to be raising Q4 production 40,000 units - reports
Ford Europe plans to raise production in the fourth quarter by 40,000 vehicles due to anticipated stronger demand, the Wall Street Journal reported on Wednesday, according to Reuters. The report said Ford's European arm, which posted a shock $US525 million pre-tax loss in the second quarter, has said it expects a stronger second half and is cutting costs to boost earnings later in the year.
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