U.S. Floorplan Risk Management
North America
profitable and
growing;
remake of
overseas
operations
begins in
2019
Ford FORD CREDIT
6
Redesigning Regional Businesses
North America
•
.
"Return to 10" margin objective
Deep reorganization of salary workforce to enhance effectiveness and
reduce costs
Significant wave of new truck and SUV product launches in 2019
Europe
•
•
Fundamental redesign of Europe business in-process
Actions underway to improve profitability and reduce structural costs
Product portfolio built around three customer-focused business
groups - commercial vehicles, passenger vehicles and imports
China
.
•
•
Redesigning China operating model to return to profitable growth
Right-sizing inventories and addressing dealer profitability
On track to launch more than 30 new products by 2021
South America
•
•
Committed to the region with an optimized footprint, targeted to
Ford's strengths
Taking action to redesign the business; implementation begins this year
Leveraging product strengths to focus on profitable trucks and utilitiesView entire presentation