Editor’s View

IF ‘C’ is deemed to be average then collectively motor manufacturers have scored ‘C-’ for their offering toUKcontract hire and leasing firms. The verdict from bosses at 34 of theUK’s major vehicle leasing providers should send shock waves through every manufacturer. It is no surprise that ‘support terms’ were criticised … Continue reading

Ford hit by European losses

FORD has reported a first quarter pre-tax operating profit of $2.3 billion, a decrease of $544 million from first quarter 2011 due in part to a poor performance in Europe.   Although Ford has posted a pre-tax operating profit for 11 consecutive quarters, its European subsidiary reported a first quarter … Continue reading