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Ford Europe CEO says European car excess capacity 35%





Super cars news integrated foreign reports, European Ford CEO John ・ Flemming (John Fleming) recently said that the European automobile industry overcapacity problems, and the economic crisis has exacerbated the extent of excess capacity.

Flemming estimated, the European automobile industry overcapacity of about 35%. Due to the Government and trade unions from the resistance, Europe is difficult to close the factory cheqi or layoffs.

In 2009, the European car sales $ 1448 million units. Flemming prediction: "the European sovereign debt crises and trade-in policy exit, compared with 2009, 2010 the European basic automobile sales will remain unchanged at 14 million to 15 million vehicles. ”

Fleming also indicated that Ford will be completed in the third quarter sold to lucky of Volvo.

(Super car network)