Can The Mondeo Get Ford Back Into The Race?

The carmaker badly needs a big hit in Europe

This year's Paris Auto Show, which started on Sept. 30, must have provided Nicholas V. Scheele with plenty of wistful moments. Two years ago, he strolled the aisles at the biennial display with a certain hit on his hands. As boss at Ford Motor Co.'s Jaguar Cars unit, Scheele had breathed new life into the long-ailing British marque, and he was about to launch Jag's now successful S-Type Sedan. As a Brit and an auto exec, the road ahead could hardly have seemed smoother. "I was happy to stay at Jaguar," Scheele says today.

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