To support the transformation of its business in Europe and increase long-term competitiveness, Ford will fund the plan for its German subsidiary.

Ford Motor Co. is paying down most of the debt at its struggling German unit and committing four years of funding to the ...

"Our overall achievement against the targets set for our 2024 Annual Performance Bonus Plan yielded a business ... advancing a multibillion-dollar turnaround of Ford's international operations ...

The money will fund a plan to turn around Ford's German subsidiary, Ford-Werke GmbH. The Dearborn-based automaker has already made significant investments in its German operations in recent years ...