According to Ford chief executive Alan Mulally, Europe automakers must reduce the number of produced cars. Excess capacity has reached a critical point.
Sales drop in Europe by 4 million cars from 2007 to 2013 and the closing of several companies has reduced the capacity to sustainable levels.
"That's not enough. I think that companies should bring their production in line with demand, if your facility does not meet the actual demand, it will only aggravate the situation and everything will get worse", - said Mulally.