Ford Europe sees no need to cut more capacity now

Newswire

GOTHENBURG, Sweden, June 25 (Reuters) - The European operations of Ford Motor Co , the world's second biggest carmaker, face no immediate need to cut capacity further, its incoming chief said. "Ford Europe now has the right sized capacity for the industry conditions we can see," Martin Leach, President and Chief Operating Officer Elect of Ford Europe, said at a dinner at an industry conference late on Monday. "If that changes, we will take action," he said, noting that Ford Europe's ...

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