Sunday December 15, 2019

Ford warns of potential Brexit hit to future business

31st July, 2016
4
Car giant Ford says it is going to have to look more at cost'

Motor company Ford has warned that a weaker British pound could cost the company about $1 billion over the next two years, and has signalled that cost-cutting measures may be on the cards.

“We’re going to have to look more at cost.”

Bob Shanks, chief financial officer, Ford

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