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Steel - Still an Appeal for Ford, GM and DaimlerChrysler: Reports just-auto.com

4 October 2000

Steel - Still an Appeal for Ford, GM and DaimlerChrysler: Reports just-auto.com

    LONDON, Oct. 4 http://www.just-auto.com -- The Partnership
for New Generation Vehicle (PNGV) has unexpectedly given the American steel
industry an endorsement.
    The Automotive World report at,
http://www.just-auto.com/features_detail.asp?art=294 says that the endorsement
came after the PNGV admitted that it would not meet the proposed
light-weighting targets by 2004 using advanced materials.
    Now, the PNGV, a programme between the US federal government, Ford, GM and
DaimlerChrysler are to take a new look at light-weighting steel and creating
vehicles that are up to 20 percent more economic.
    David Leggett, Managing Editor for just-auto.com says, "On the surface
this might seem like good news for the North American steel industry but with
lightweight vehicles demanding less steel, they might be left short changed."

    For the full story, please click here:
http://www.just-auto.com/features_detail.asp?art=294

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professionals worldwide.  Targeted specifically at industry and business
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