'It is not necessary because we have sufficient capacity already in Europe and we are getting more efficient in all our existing facilities.' Speaking during a tour of the company's large stand at the Detroit event, he described Ford's trading situation in the UK as 'steady as she goes'.
He added: 'Our pricing realignments have been implemented well. We have new product in place and I think 2001 will be a good year for us. Having said that, I think there's probably more pain to come as we continue with carrying out major structural changes to our business. We still have a lot of hard work to do. But after a decade of hard work, Jaguar is a good brand and it's now time for the company to enjoy having a lot of good products in the marketplace. There's also a lot more to come.'
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