Fleet News

Mondeo RVs boom in Germany

Residual values for the Ford Mondeo in Germany have climbed ahead of the Volkswagen Passat and even premium models such as BMW and Mercedes-Benz for the first time, a top executive claims.

Ford's European vice-president of marketing, Earl Hesterberg, said the manufacturer was delighted its models were performing well against the country's domestic brands.

Speaking at the Geneva Motor Show, he said: 'We're very proud that in Germany, Mondeo has residual values of 70% after 12 months. They are ahead of the Passat for the first time and represent a major turnaround compared with the old model.

'We're doing even better in the estate segment, where we have 76%, which is even ahead of BMW and Mercedes-Benz.'

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