Ford expects some Europe market recovery in 2013

March 5, 2013

Ford Europe CEO Stephen Odell says the uncertain Italian election results “possibly didn’t help” the European car market but he still expects some recovery this year.

Europe’s recession has caused auto deliveries to plunge from 18 million in 2007 in Ford’s key 19 markets to around 13 million expected this year. Odell said Tuesday at the Geneva Motor Show that Ford sees signs of recovery in recent surveys of purchasing managers and supplier order books.