Fixed Prices For Fast Fit At Renault
Renault has introduced a fast-fit and system check for cars three years and older. The check includes tyres and shock absorbers and will be extended to other Renault models shortly.
Renault has introduced a fast-fit and system check for cars three years and older. The check includes tyres and shock absorbers and will be extended to other Renault models shortly.
Ford predicts that it will once again reach a 10 p.c. market share in Europe within three years, according to the Wall Street Journal. Luxury car sales will play a large part in reaching the target. Renault and Nissan are moving closer together in Europe, merging their sales organisations. Around 9% of the 5,600 jobs are expected to be lost, saving some 1 billion Euro. By 2002, DaimlerChrysler intends to create 15,000 jobs. 5,000 of these will be in Germany in the service field of leasing, fleet management and fast fit services, according to the Financial Times Deutschland.
French car manufacturer Renault has recalled 25,000 of its Kangoo cars, equipped with Kléber tyres, due to quality problems with the tyres. It is expected that Kléber will release further details shortly.
There is unanimity amongst financial institutes that anyone with investments in automotive shares should be very careful of their investments. The coming quarter does not look too promising; BMW, Peugeot/Citroën, Porsche and Renault (particularly thanks to Nissan’s better than expected results), should hold their position, but there seems to be no end in sight to the decline at DaimlerChrysler.
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