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Movements In The Car Market

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Ford predicts that it will once again reach a 10 p.c. market share in Europe within three years, according to the Wall Street Journal.

Luxury car sales will play a large part in reaching the target. Renault and Nissan are moving closer together in Europe, merging their sales organisations. Around 9% of the 5,600 jobs are expected to be lost, saving some 1 billion Euro.

By 2002, DaimlerChrysler intends to create 15,000 jobs. 5,000 of these will be in Germany in the service field of leasing, fleet management and fast fit services, according to the Financial Times Deutschland..

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Ford Ambitious to Become Largest Tyre Marketer in USA Agricultural Tyre Market: 2001 has been a difficult year

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