Ford to Launch Seven New European Models by 2029
Ford will introduce seven new models in Europe by 2029 to reverse a decline in passenger car sales and compete with expanding Chinese rivals. The strategy includes five passenger vehicles and a new Ranger Super Duty pickup truck for specialized commercial and government sectors.
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FORD MOTOR CO will launch seven new models in Europe by 2029 to reverse declining market share and counter rivals from China. The automaker fell to eighth place in European sales last year, delivering 426,000 cars compared to 1 million a decade ago. Investors are monitoring Ford's pivot toward commercial vehicles and defense as it faces a 270% sales surge from Chinese competitors.
