Ford's European Woes Are Not Going Away Anytime Soon

Ford has been trying to cut costs and reduce its production capacity in order to break even in Europe for the last couple of years. The company expects to break even in the continent in 2016. The company has guided for a loss of $250 million for next year, a figure that is much lower than the $1.5 billion loss in 2013 and and the $1.7 billion loss in 2012.