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Most Ford (NYSE: F ) shareholders know that -- despite its turnaround in the U.S. -- the company is still losing a ton of money in Europe. Ford lost over $1.7 billion in Europe last year alone, and at one point warned that it could lose as much as $2 billion in 2013. The problem: Steep recessions that have clobbered new-car sales.
Last fall, Ford launched a turnaround effort, aiming to get Europe back to profitability by mid-decade despite the tough economic conditions. The last two quarters have seen more big losses from Ford's European branch, but the good news is that they've been getting smaller.
Now, there are some small signs that Europe's economic storm may be easing slightly. In this video, Fool contributor John Rosevear looks at some of those signs, and at what they might mean for Ford's sales -- and profits -- in Europe.
The secrets that make Ford stock a great investment
If someone asked you, "Why invest in Ford?" Could you truly answer them? To be honest, few investors could. That's because most of the company's secrets—the ones that make savvy market watchers rich—often fly below the radar. If you want an edge on other Ford investors, be sure to check out "5 Secrets to Ford's Future" from The Motley Fool. This 100% FREE guide includes actionable advice that you can put to use right now! Just click here now for instant access!