January 10, 2019 / 11:55 AM / 7 months ago

Ford does not rule out plant closures in Europe as part of overhaul

FILE PHOTO: The Ford booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst

FRANKFURT (Reuters) - Ford (F.N) cannot rule out plant closures as part of its efforts to return its European operations to profitability, Steven Armstrong, group vice president, Europe, Middle East and Africa, said on Thursday.

Upon being asked if the revamp could include plant closures in Europe, Armstrong said, “A review of the manufacturing footprint is part of this process.”

Reporting by Edward Taylor; editing by Thomas Seythal

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