(Bloomberg News)
MILAN?? Ford on Thursday unveiled 15 new or restyled vehicles for the European market that it will launch over five years to revive slumping sales. While other carmakers are holding back on new car launches because of tanking European demand, Ford announced it will accelerate its lineup of SUVs, restyle the hot-selling Fiesta, redesign its commercial vehicles and bring the iconic Mustang sports car across the Atlantic.
Ford Europe chief executive Stephen Odell said improvements in the "brutal" European market are not expected soon. Ford's first-half European sales dropped 10 percent to 517,094 units, a 7.8 percent market share for the fifth-largest carmaker in Europe.
The refreshed lineup includes a second-generation Kuga midsize SUV to be launched this year, as well as a restyled Mondeo, right, for the midsize market.
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