Ford Europe to Invade North America

Ford Motor Co., which recorded a net second-quarter loss of $8.7 billion, confirms it will retool three truck plants for small-car production and introduce six new European-flavor vehicles to North America by 2010.

“While we have no intention of giving up our longtime truck leadership, we are creating a new Ford in North America on a foundation of small, fuel-efficient cars and (cross/utility vehicles) that will set new standards for quality, fuel economy, product features and ...