According to Automotive News, Ford may sell European products such as the Mondeo, S-Max and Transit in the United States.

"The probability is very high" that Ford will tap its global product bank for U.S. consumers in the near term, CEO Alan Mulally told Automotive News.

This statement come after Ford announced a $12.7 billion loss for 2006, the worst financial results in its 103-year history. Dragging down those results was a dismal performance in North America, where Ford reported a 2006 automotive operating loss of $6.1 billion before taxes and charges.

To restore the beleaguered automaker to profitability, Mulally wants to create a lineup of cars and trucks that can be sold in multiple regions.

Source: Automotive News

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