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Ford Warns Of Intense Price Pressure In Europe - Report

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05/07/2012 | 03:12am CEST

Ford Motor Co.'s (>> Ford Motor Company) top executive in Germany, Bernhard Mattes, warns that competition will heat up in Europe and could lead to ruinous price wars, German daily Financial Times Deutschland reported Monday. He pointed to overcapacity among the major carmakers, the newspaper said.

Meanwhile, General Motors Co. (GM) is said to be planning to halt production of its Opel Astra model in its Ruesselheim, Germany, factory, German daily Frankfurter Allgemeine Zeitung reported Monday, citing union sources. The model's next generation is slated for production in GM factories in the U.K. and in Poland, the newspaper said.

Newspaper Web site: http://www.faz.de; www.ftd.de

-Dow Jones Newswires; [email protected]

Stocks mentioned in the article : Ford Motor Company
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Financials ($)
Sales 2017 143 B
EBIT 2017 5 210 M
Net income 2017 6 792 M
Finance 2017 11 939 M
Yield 2017 5,79%
P/E ratio 2017 7,19
P/E ratio 2018 7,95
EV / Sales 2017 0,26x
EV / Sales 2018 0,26x
Capitalization 48 575 M
Chart FORD MOTOR COMPANY
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Ford Motor Company Technical Analysis Chart | F | US3453708600 | 4-Traders
Technical analysis trends FORD MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 11,9 $
Spread / Average Target -3,0%
EPS Revisions
Managers
NameTitle
James P. Hackett President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
Robert L. Shanks Chief Financial Officer & Executive Vice President
Jeff Lemmer Vice President & COO-Information Technology
Ken Washington Chief Technology Officer
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