While Euro scrappage programs certainly helped Ford's cause, the Blue Oval's Euro lineup holds up very well against some very stiff overseas competition. Auto sales are down 8% for the year in Europe, yet Ford has only seen a 3% decline. Ingvar Sviggum, Ford of Europe's Vice President of Marketing, Sales and Service, told the DetNews that Ford's recent sales push has made his company the "clear No. 2 best-selling brand in the European auto industry." But while Ford seems to be faring a bit better than the competition, Sviggum still feels the overall car market in Europe is on shaky ground, adding "further actions are needed at both the national and EU level to help bolster consumer confidence and demand."
[Source: The Detroit News | Image: Jamie McDonald/Getty]