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Mark Fields is not the first Ford CEO to be pushed out for vague reasons.
Ford gets buffeted by the same headwinds as General Motors, whether home or abroad, yet it earned $1.2 billion in Europe last year. A timely restructuring helped, but there's more to it than that.
When Smart announced that it would sell only electric vehicles in the U.S. and Canada some wags wondered whether it was the beginning of a broader retreat for the brand.
It would not be a Geneva Motor Show without Giorgetto and Fabrizio Giugiaro up on a small stand, surrounded by hordes of onlookers and admirers, bathed in brilliant light, joyfully pointing out details of their latest...
Ford of Europe product development chief Joe Bakaj isn't commenting on GM's retreat from Europe, but he's adamant that Ford sees no reason to step away from its "One Ford" philosophy.
Europe has been a drain on General Motors for a long time, but Opel did have its glory days and at least once helped keep GM afloat. Automotive News Print Editor RIck Johnson was there when it happened.
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