Belfast Telegraph

UK Website Of The Year

Call for car firms to cut production

Published 13/01/2012

FIAT chief executive Sergio Marchionne estimates Europe must cut 10 to 20% of its car production capacity to deal with falling sales. Pricewaterhouse Coopers estimates Europe sold 13.5m vehicles last year, down from a peak of 16m in 2007. Mr Marchionne predicted sales will remain low until at least 2014, unless Europe's debt crisis is solved.

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph