GENEVA, March 5 Ford Motor Co., which
expects a $2 billion loss in Europe this year, expects regional
sales will be at the low end of the company's sales forecast
during the first half of the year.
For now, the U.S. automaker is maintaining its 2013 European
vehicle sales outlook of between 13 million and 14 million,
Stephen Odell, the head of Ford's European operations, said
during a media roundtable at the Geneva car show.
In January, Ford said it expects to lose $2 billion in
Europe in 2013 due to a punishing economic downturn in the
region that has curtailed consumer spending and sales.