Ford stock has plunged over the past five years due to steady deterioration in its profitability across most of the world.
It will probably take several years for Ford's global redesign program to drive a meaningful turnaround in most international markets.
By contrast, a slew of new and upgraded products released in the U.S. in 2019 and 2020 could pave the way for significant margin expansion in North America by 2021.
Ford Motor Company (F) has been spinning its wheels for the past few years. Sales have plunged in China following a period of rapid growth, as market conditions soured and Ford failed to