Ford (NYSE: F ) and General Motors (NYSE: GM ) have had a terrible time in Europe recently. Each lost nearly $2 billion in the region last year, and both are expected to lose big again in 2013. Turnaround plans are under way, but continued declines in Europe's new-car sales have raised doubts about their chances of success.
But some good news for a change: Sales were up slightly last month, amid signs that the situation is stabilizing. In this video, Fool contributor John Rosevear looks at the state of the European new-car market -- and at why the latest developments bode well for the bottom lines at both Ford and GM.
Improving conditions in Europe are just one of several good reasons to think that the Blue Oval still has big growth opportunities ahead. We've outlined those opportunities in detail, in the Fool's premium Ford research service. If you're looking for some freshly updated guidance to Ford's prospects in coming years, you've come to the right place -- click here to get started now.
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