Ford Faces Many Challenges in Europe

Aside from the slid?ing Euro?pean econ?omy, Ford Motor Com?pany is fac?ing a slid?ing mar?ket share on sev?eral fronts, with a net?work of 23 fac?to?ries in the region.
Find out which global automaker is giv?ing Ford the most trouble.
?the root of Ford?s dis?ad?van?tage is plants set up decades ago in west?ern Euro?pean coun?tries like Ger?many where work?ers com?mand high wages and growth prospects are now?dim.
By con?trast, new?comer Hyundai swooped in to build mod?ern facil?i?ties in the low-cost east, tak?ing advan?tage of cheap wages and effi?cient infrastructure.
Along?side the Hyundai plant in Noso?vice, for instance, the com?pany has built a com?pan?ion fac?tory that pro?duces 600,000 trans?mis?sions annu?ally. A Kia plant 56 kilo?me?ters (35 miles) away in Zilina, Slo?va?kia, makes the same num?ber of engines in addi?tion to cars. Trucks can there?fore depart the Czech plant loaded with trans?mis?sions and return with engines from Slovakia.
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Source: http://automotivedigest.com/2012/08/ford-faces-many-challenges-in-europe/
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