|
|
Ford’s Luxury Brands Down, Saturn Vue Upside Downigor@af 08-07-2004, 08:18 AM SUMMARY: <font face=Arial>The strength of European currencies compared to the US dollar appears to be having a very negative impact on the financial health of Ford’s Premier Automotive Group, also known as Jaguar, Aston Martin, Land Rover, and Volvo. The UK-based company has reported substantial losses thanks to the exchange rate of the pound sterling, substantial development costs at Land Rover, and labor costs at Jaguar. Also... GM has announced a recall of 246,433 Saturn Vue SUVs because of a defect in the suspension that could cause a rollover.</font> View full article (http://www.automotivearticles.com/Ford_s_Luxury_Brands_Down_Saturn_Vue_Upside_Down.s html) What do you think about this story? Post your comments below. icE_x 08-12-2004, 06:37 PM Pretty sad news for Saturn! I believe every car maker should test their vehicles before hand in all sorta of conditions and tests before putting them out on the market. vBulletin®, Copyright ©2009, Jelsoft Enterprises Ltd.
Automotive Network, Inc., Copyright ©2009
|