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Ford sees its Europe sales up 6.4 percent in June, while overall market is down 6.5 percent.
After recalling its meatballs because they were found to contain traces of horsemeat, Ikea is now pulling lasagna from its stores in Europe.
A lawsuit filed this week claims Ford Motor Company was installing electronic systems in its vehicles in Europe that could prevent unintended acceleration as early as 2005, but didn’t take the same precautions in the U.S. for another five years.
Karl-Thomas Neumann named CEO of Opel.
The company has had seven reports of fires in 1.6-liter EcoBoost engines sold in Europe.
TRW Automotive Holdings Corp. announced that it has won initial business awards for its integrated Electric Park Brake and Electronic Stability Control system. The combined system will launch in Europe and Asia Pacific with major vehicle manufacturers commencing in 2014 and later in North America.
“Despite the economic crisis, we are investing in the future,” says Ford of Europe Chairman and CEO Stephen O’Dell.
Ford’s top manufacturing executive says they are working to fix their problems in Europe, but they are not yet ready to say if it will mean plant closings.