The American auto giant Ford Motor took first place in sales of new cars in the U.S. in February and surpassed its rival General Motors in Detroit for the first time in 12 years, and the world leader in the automotive industry in the face of Toyota. In the past month Ford managed to sell 142 285 cars and trucks in the U.S.. The increase amounted to 43.1 percent annually, which puts Ford at the forefront of the automotive market, whose foundations were built by the same company more than a century, sent Wall Street Journal. Sold by all companies in the U.S. automotive vehicles rose to 10.38 million units annualized in February compared to 9.17 million years ago. Autodata calculations show that Ford’s market share has increased by about 2 percentage points last year to 17%. Sales of General Motors rose by 11.5 percent annually to 141 951 cars and trucks in February, while those of Toyota fell by 8.7 per cent to 100 027.
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The German unit of U.S. car giant General Motors – Opel, will chase the expansion through an investment of 11 billion euros in the development of new cars over the next five years. The plan is part of a strategy to transform the company into a profitable within two years. This report by the leadership of GM, Air Force forward. From GM also reported that the planned reduction of 8 300 people in Europe and the closures in Antvertp. One of the main objectives of GM is to obtain approval of plans by European governments to be able to get vital loans to the company to become profitable again. At this stage the intentions of GM have been identified as “financially reasonable and realistic to achieve” an independent auditor, said the head of the company’s Europe, Nick Reilly.
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