UK: Ford undertaking business review of international operations
The Financial Times reports that Ford Motor Company is undertaking a sweeping review of its international operations outside North America as part of a drive to improve profitability. The review is understood to include the company's international network of manufacturing facilities.
The newspaper report suggests that the review is evidence of the 'aggressive approach' of global operations' chief, David Thursfield.
The review is said to be in its early stages and was described in the report as being carried out 'for business reasons more than cost-cutting reasons'. Elana Ford, who works with Thursfield, told the FT that by the spring of this year the company would be in a position to know what actions need to be taken as a result of the review.
"We're just figuring out what's there and what's not there," she told the FT.