Tuesday, July 3, 2012
Must Common MOTORS AND FORD PULL OUT OF EUROPE?
By Luca Ciferri, Automotive News Europe - Do General Motors and Ford Motor nevertheless need to have to compete in Europe? Do they genuinely want to hold developing and selling cars in a market that has shifted from being low growth/low margin to no growth/no margin?Why continue losing funds in Europe when China is forecast to become a 30 million unit-a-year market place by 2020 and U.S. new car sales are poised to return to 16 million a year significantly sooner than expected?It's not such a
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