Ford Motor Co. will return to profitability in Europe in 2001 and the automaker will direct its focus toward other Asia/Pacific markets now that it has bowed out of negotiations to acquire South Korea's beleaguered Daewoo Motor Corp., President and Chief Executive Jacques Nasser tells Ward's in a wide-ranging interview. “It's not going to be a dramatic improvement (in 2001), but it will be steady,” Mr. Nasser says of Ford's European operations, which are expected to wind up in the red for ...

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