Ford: The US carmaker's bold partner strategy in Europe
Renault, Geely and soon another one: According to information from the Handelsblatt, Ford is looking for another partner for the next European model. Experts are skeptical about whether the project will succeed.
Ford plans to launch five new cars in Europe by the end of the decade, with only one built on a Ford-owned platform. The US automaker is seeking partnerships with other companies to build cars on their platforms, and has already announced deals with Renault and Geely. Ford's European arm is currently in talks with potential partners, including Asian and European companies, to find a partner for its fifth new model, a "multi-energy" crossover.
The company's strategy has raised concerns among experts, who worry that relying on foreign platforms could harm Ford's reputation and profitability.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.