One year after its premiere, more than half a million customers have bought the new Fiesta, while Ford Motor Company is preparing the presentation of the sleep pattern of North American and other key Asian markets next year, the company announced. The new Fiesta, launched sales in Germany in October 2008 in Europe very quickly it turned into one of the leaders in its class. Fiesta is a key product to increase market share for Ford-Europe, which grew by 0.5 points in September and reached 9.2 percent, the highest since 1992. After its premiere in Europe, Fiesta was presented in South Africa, Australia, New Zealand and China. Global sales reached 470 000 units in September this year, with 430 000 sales in Europe and 40 000 in the Asian region. Continuing strong demand for the Fiesta in October contributed to the total number exceeds 500 000. “Customers worldwide recognize the Fiesta as a representative of the global DNA Ford – an impressive design, innovation, excellent road behavior and great value,” said Jim Farley, vice president global marketing USA, Canada, Mexico and South America. The new Fiesta will debut in North America by presenting his motor show in Los Angeles in December. Fiesta will hit showrooms in North America next summer.
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The deal for selling of the Swedish car manufacturer Volvo, which is owned by Ford, the Chinese firm Geely for $ 2 billion may fail, warns agency Bloomberg, citing its own sources, without revealing their names. Geely is negotiating the purchase of Volvo by Ford for about 10 months. On another round of talks, which are currently kept in London, both sides try to reach agreement on patent rights. U.S. company wants to obtain from Geely guarantee that it will use the development of Volvo, which Ford intends to use in their future models. «Volvo is a fully integrated strategy for development of Ford’s total production and it is important to negotiate a development will remain where designers of the Swedish brand,” Bloomberg quotes a participant in the negotiations. According to consulting firm CSM Worldwide, which is one of intermediaries to deal with the Chinese if the negotiations fail, Ford will retain control over the Volvo and will not seek a new buyer will even take steps to improve the condition of its subsidiary. The negotiations were complicated because of the arrest last week for theft of technical documentation from the U.S. manufacturer of Chinese citizen Syan Dong Yu He spent 10 years as an engineer at Ford.
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The U.S. carmaker General Motors is working on a “plan B” on the future of Opel and a willingness to continue to manage its European division, says the Wall Street Journal. Despite the fact that the company is working on finalizing the deal with Canadian-Russian consortium Magna and Sberbank, problems associated with EU regulations may prevent the deal. Comes to aid of 4.5 billion, which German government grant to help Opel, a step which Community directives prohibited. At the end of last week, European Commissioner for Competition Neelie Kroes sent a letter to the Minister of Economy of Germany Karl-Theodor Gyutenberg in which it was stated that GM should have the opportunity to again review process associated with the sale of Opel. We recall that in September, GM decided to sell Magna 55 percent of Opel, as stocks remaining 35%, while the other 10 remain in the hands of employees.
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The Japanese automaker said that Toyot prediction to increase its car sales for the financial year 2009-2010, which ends on 31 March next year. New estimates show that the largest automobile company in the world will sell 3% more cars compared to the previous forecast, with total expected to reach 6.7 million cars. This agency writes Reuters referring to the daily Tokyo Shimbun. In addition to sales and production were high expectations. They were revised by the big 8 percent increase to 6.45 million cars due to the impact of government programs implemented in many countries. The agency officials reported that it found the company did not comment on. Toyota, which last year announced its first loss in 1937, announced that sales in August and increased by 9 percent annually.
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