Ford (NYSE: F ) has had tremendous success turning around its business in North America, where it has gone from massive losses to strong profits in just a few years. Now, the company is working hard to export that success to Europe, where it lost over $1.7 billion last year -- and where it could lose as much as $2 billion more this year.
It's still early in the day for Ford's European turnaround plan, but already there are some big -- and surprising -- signs of progress. In this video, Fool.com contributor John Rosevear looks at the latest numbers from Europe -- and at whether recent gains will be enough to turn the tide for the Blue Oval.
The European market may be a struggle for automakers, but another market presents great opportunity for Ford. China is already the world's largest auto market -- and it's set to grow even bigger in coming years. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names two global giants poised to reap big gains that could drive big rewards for investors. You can read this report right now for free -- just click here for instant access.