Ford to inject €4.4bn into debt-ridden German subsidiary

Ford Germany has been struggling with declining sales and restructuring for years. Despite job cuts, the Cologne subsidiary is now receiving fresh capital from the USA.

Ford is plowing billions into Europe to fend off the surge of low-cost Chinese EVs

Ford is investing billions in Europe as it struggles to keep pace with the wave of Chinese and other low-cost EVs hitting the market. With another 4.4 billion euros ($4.8 billion) in funding, Ford looks to turn things around, but it’s also calling on lawmakers to do more. more…

No matter how bad Ford's business was in Germany, nothing could actually happen since 2006. The debt was taken over by the US headquarters. This is now over.

The highly indebted car manufacturer Ford Germany receives assistance from the US parent company.

Ford Germany has been in crisis for years. The Cologne subsidiary is in the midst of restructuring and job cuts. The US parent company now commits itself to the location with new money.

The American company wants to reduce the debts of European plants. In addition, costs are to be reduced and factories become more efficient. Ford Vice-Chief calls for policy commitment to the e-car.