Currently reading: Ford wary of scrappage ending
Ford expects scrappage withdrawal to hit its European sales in 2010

Ford expects its new car sales to be hit in 2010 when pan-European scrappage schemes are withdrawn across the continent.

Ford of Europe is currently forecasting a drop in sales of around two million units on 2009’s figures to around 13 to 14.5 million units.

No more scrappage extensions

Ingvar Sviggum, the firm’s head of marketing, sales and service, said in a statement that 2010 was currently “something of an unknown quantity” for the firm and it called on the EU and national governments to take action to ensure there isn’t a drastic drop in new car sales.

“Given the ongoing weakness in the European market, further actions are needed at both the national and EU level to help bolster consumer confidence and demand,” he said.

In October, Ford’s market share of 8.8 per cent in its main 19 European markets was its highest since 1997. Year-on-year sales were up 13 per cent, sales which were bolstered by the success of scrappage schemes.

Ford’s German sales, up 33 per cent on October 2008 to 6000 units, were its best October sales since 1998. The firm was market leader in the UK, Hungary and Ireland, with the Fiesta being its best seller, shifting 41,300 units.

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keeforelli 13 November 2009

Re: Ford wary of scrappage ending

the german sales for october have risen with scrappage now removed......

so maybe not quite as much to worry about.

optimal_909 12 November 2009

Re: Ford wary of scrappage ending

catnip wrote:
The Motor industry has been over producing for years and they should accept that times are different now and they have to adjust their businesses to suit.
True, but in the meantime the unions should be stripped of their rights to suspend work or whatever if the manufacturers lay off workers or simply reduce the wages. Do it the socialist or the capitalist way (I'm also for the latter), but do it consistently.

R32 12 November 2009

Re: Ford wary of scrappage ending

catnip wrote:
catnip wrote the following post at Nov 12, 2009 1:03 PM:

Why do motor manufacturers and their associated trade bodies (and the motoring press) think that they should be supported, to maintain their sales levels, when other sectors of the economy are getting no support whatsoever? They should think themselves lucky to have had the assistance they have had so far. The Motor industry has been over producing for years and they should accept that times are different now and they have to adjust their businesses to suit.

Exactly - the government didn't step in and help Woolworths when all those thousands of jobs were lost, or all the other jobs that have been lost across the country from other sectors.