Ford Europe plans to raise output in Q4-paper

Newswire

FRANKFURT, Aug 20 (Reuters) - 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. The European arm of the world's second-largest carmaker, which posted a shock $525 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. A Ford Europe spokesman declined to comment on the 40,000 unit output ...

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