07:20 AM EDT, 03/10/2025 (MT Newswires) -- Ford Motor ( F ) will invest up to 4.4 billion euros ($4.78 billion) of new capital into its Ford-Werke unit in Germany to keep it operational, the Financial Times reported Monday, citing the company's Vice-Chair John Lawler as saying in an interview.
The company will also end a commitment that has been intact since 2006 to shoulder any losses the unit reported, the report added, citing Ford, adding that the automobile production giant will inject the new capital over the next four years to enhance the subsidiary's operations.
"I don't think any subsidiary is left on its own . . . We need to continue to work on cost reductions," Lawler told the FT.
Ford did not immediately respond to MT Newswires' request for comment.
Ford's stock was down 1.1% in recent Monday premarket activity.
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