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. http://www.fordreporter.com/wp-content/uploads/2009/02/fordgm-thumb.jpg
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. http://www.fordreporter.com/wp-content/uploads/2008/11/fordlogo-thumb3.jpg
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 ihttp://www.fordreporter.com/wp-content/uploads/2008/11/fordlogo-thumb.jpg