Ford may lose up to $600M in Europe this year-CFO

Newswire

* Ford could lose $500 mln-$600 mln in Europe due to weak auto sales * Overall financial outlook for company unchanged * Rate of Europe losses in Q1 to be on par with Q4 results By Deepa Seetharaman DETROIT, Feb 29 (Reuters) - Ford Motor Co may lose between $500 million and $600 million this year in Europe, where auto sales are heading toward the low end of the company's forecast, Chief Financial Officer Lewis Booth said on Wednesday. The second-largest U.S. automaker had projected 2012 ...

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