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		</div><p>Car giant Ford is to shed jobs across its European operations under plans to save $200m a year.<br />
The group said it is launching a voluntary redundancy programme as it looks to slash costs across “all areas” of the European business.</p>
<p>It comes in the face of mounting regulatory costs, according to the group.<br />
Ford Europe returned to profit in 2015 for the first time in four years.</p>
<p>But bosses announced aims to ramp up the group’s overhaul and unveiled a revamped line-up of cars.</p>
<p>Jim Farley, head of the car maker’s European business, said: “We are creating a far more lean and efficient business that can deliver healthy returns and earn future investment.</p>
<p>“Our job is to make our vehicles as efficiently as possible, spending every dollar in a way that serves customers’ needs and desires, and creating a truly sustainable, customer-focused business.”</p>
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