Ford confirms 4.4 bln euro capital injection for cash-strapped German subsidiary
ReutersMar 10, 2025 9:28 AM
BERLIN, March 10 (Reuters) - Ford F.N will inject up to 4.4 billion euros ($4.77 billion) into its German subsidiary in order to reduce debt levels, the U.S. carmaker said on Monday.
The Financial Times first reported the news.
The German arm, Ford-Werke, would continue its strategic transformation initiatives, focusing on reducing its cost structure in Europe and increasing competitiveness, Ford said in a statement.
($1 = 0.9230 euros)
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