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OPINION : Europe's automakers face bumpy road ahead

Jan 11, 2019 - The Globe and Mail (Canada)

The easy times are over for the European automakers.

They had groped their way out of the hole created by the 2008 financial crisis and now they're slipping back into it again as the global auto industry faces its greatest upheaval in decades.

The Brexit mess hasn't helped.

On Thursday morning, Ford Motor's European division confirmed it would launch a deep restructuring that will see thousands of workers lose their jobs across the continent as plants are shut and models discon...