Company Overview of Ford Of Europe GmbH
Ford Of Europe GmbH operates as a subsidiary of Ford Motor Company.
Key Executives for Ford Of Europe GmbH
Chairman and Chief Executive Officer
Head of Vehicle Operations
Chief Operating Officer of Ford Getrag
Vice President of Communications and Public Affairs
Compensation as of Fiscal Year 2013.
Ford Of Europe GmbH Key Developments
Ford Europe Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Revises Earnings Guidance for the Year 2013
Oct 24 13
Ford Europe announced earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, revenue was $6.5 billion and pre-tax loss was $228 million against revenue of $5.8 billion and pre-tax loss of $468 million for the same period a year ago.
For the nine months, revenue was $20.8 billion and pre-tax loss was $1,038 million against revenue of $20.1 billion and pre-tax loss of $1,021 million for the same period a year ago.
For the year 2013, the company now expects its full year loss in Europe to be less than 2012. This is an improvement from prior guidance of a loss about the same as a year ago, reflecting the progress the company is making on its Europe transformation plan.
Ford of Europe to Launch 25 New Models
Sep 23 13
Ford of Europe is planning to launch 25 new cars, vans and crossovers over the next five years. The new models will replace current cars or represent brand new additions to the range, but they will not be variants of present cars. Four of the new models will be the production version of the S-Max concept that was launched in Frankfurt, the EcoSport crossover and both the sedan and station wagon variants of the Mondeo, which is sold as the Fusion in the United States.
Ford Europe Announces Earnings Results for the First Quarter Ended March 31, 2013; Reaffirms Earnings Guidance for the Year 2013
Apr 24 13
Ford Europe announced earnings results for the first quarter ended March 31, 2013. For the quarter, revenue was $6.7 billion and pre-tax loss was $462 million against revenue of $7.2 billion and pre-tax loss of $149 million for the same period a year ago. The decline in Ford Europe's first quarter pre-tax results primarily reflected higher structural costs, including restructuring effects (principally accelerated depreciation), and higher pension expense due to lower discount rates.
Full year 2013 guidance for Europe remains unchanged, with the company expecting a loss of about $2 billion. The outlook for the business environment in Europe remains uncertain.
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