Recession

European sales slide resumes in August

Sept. 17, 2013 08:33 CET
European car sales fell 5 percent in August with PSA and VW Group hit hardest by the euro-zone slump. Eight-month sales also fell 5 percent, bringing deliveries this year to the lowest level since records began....
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Ford to expand lineup for European recovery

Sept. 16, 2013 06:01 CET
Ford of Europe is adopting a tactic that Ford Motor Co. used during the 2008-2009 recession in the United States by bulking up its lineup as it awaits the European car market's recovery....
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2013 FRANKFURT AUTO SHOW

European automakers see long road to recovery

Sept. 10, 2013 10:38 CET
Europe's car market is bottoming out after five years of falling demand, but high unemployment and weak bank lending suggest its recovery will be long and slow, executives at the Frankfurt show said....
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Fiat plans to extend layoffs for 5,300 Mirafiori factory workers, report says

Aug. 27, 2013 15:19 CET
Fiat plans to extend temporary layoffs at its Mirafiori factory in Italy amid slumping car demand in Europe. About 5,300 workers at the factory in Turin will be asked to stay home for most of next year....
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Ford of Europe sales boss sees no quick end to price war

Aug. 15, 2013 15:51 CET
Europe's car market may be on the rebound, but a manufacturers' price war will not let up until sales increase significantly, Ford of Europe's sales chief says....
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