Ford Motor Company (F +8.67%) might be in love with the idea of Europe being another pillar of profits for the company, but the results simply haven’t been there for a long time.
Ford has done business in Europe for over 100 years, and that holds weight, but since 2000, the automaker has also required four massive restructurings. Each time, the company has fallen short of its turnaround expectations, and far from turning Europe into a profit engine.
But it’s important that investors separate the two parts of its European business, because…
