GM lags in Europe restructuring as Ford closes plants
Ford is scrapping three European plants and thousands of jobs while its rival appears to be stuck on the starting grid. The speed of Ford's restructuring plan -- and the comparatively slow pace of GM's -- has become more important during a protracted slump in Europe's auto market, with sales down another 7.2 percent so far this year.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.