The main reason, he said, was that the company continued to spend too much money to develop new vehicles.
At the same time, they must develop innovative new vehicles.
The Soviet army had not developed specialized vehicles for this purpose.
It is the second of the four vehicles developed by Steelcraft.
US car makers are under increasing pressure to develop electric vehicles.
In addition, they develop a media plan and creative vehicles for advertisements or messages.
We want to launch and promote, along with the Commission, a plan to develop electric vehicles.
In the meantime, Ford must sell a lineup of vehicles developed when prices were lower.
DaimlerChrysler is investing about $47 billion to develop 64 new cars and commercial vehicles by 2004.
Auto analysts, however, said Ford was still suffering from waste in its programs to develop new vehicles.
