Magirus in prol
18th January 1986, Page 6
18th January 1986
Page 6
Page 6, 18th January 1986
— Magirus in prol
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IVECO Magirus, the German" arm of the In truck group, is back in black figures after mal losses for the past se years, and still seems po to take over Ford's ti business.
Production for most 1985 ran at full capacity about 11,000 vehicles v built — about 20 per more than in 1984.
Vehicle sales rose by 2, and turnover for the yea expected to jump by £80 lion to exceed £500 milli Chairman Wolfgang Kc forecast a further slight crease in sales this year expects the company to main in profit.
He thought it "probat that Iveco would take c Ford's lorry production move which, he said, we strengthen the cornpar position on the British c4 mercial vehicle market.
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Wolfgang Kc