The effects of the crisis starts to feel among the car companies. From 2002 to 2008 GM "lost" 93000 employees from 177000 they had in 2002. But they won`t stop here – this year they want to fire another 13.400 in an attempt to save the company.
Ford and Chrysler don`t stand to well either. Only in US ford fired around 65.000 workers and Chrysler around 32.000. They say this won`t be the end. Until June, more workers could lose their jobs and that total of fired workers could reach 200.000 in just 2 years.
This is a really bad news.
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At the beginning of the 2009 Ford will suspend Car production in their Factory from Spain, Almussafes for 21 days. This is due to the Crisis and will affect the 5.177 people working there. They say that no one will be fired and there is no need to worry since Renault announced a similar thing.
Yes, It`s true. After the general crisis and the announcements made by ford America that they could close their gates forever, Ford Europe announced that they had a profit of $54.000.000 for the third quarter. This is quite a good announcement since a few days ago the same company said that the European auto industry will need around $40.000.000.000 to save it from collapse.
Ford loosed just 2.4% from the market and so they think that 2009 will be another year with some profit. We hope the best for them.
