
Europe’s decline in car sales is showing signs of bottoming out but heavy price competition among brands and dealers threatens to kill any sense of relief for automakers struggling with excess plant capacity.

Europe’s decline in car sales is showing signs of bottoming out but heavy price competition among brands and dealers threatens to kill any sense of relief for automakers struggling with excess plant capacity.

At least 100,000 young Canadians are working as unpaid interns — with an unknown number of others missing out on key, early work experience because they cannot afford to go without a paycheque.

Europe is ‘starting to show signs of stability,” Stephen Odell, Ford of Europe CEO, said.