With restructuring now in the rearview mirror, Ford of Europe will continue to consolidate improvements made last year in order to earn a profit of between $100 million and $200 million in 2005. “That’s the target we’ve set ourselves this year,” says John Fleming, Ford of Europe president and chief operating officer, admitting it will be difficult. New Ford Focus for Europe is key. “It’s not a stretch target, but it’s by no means just a walk in the park,” Fleming says. Overcapacity ...
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