Automobile Manufacturers Are Looking To The Eastern European Countries For Growth

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As Frankfurt’s IAA auto show gets under way, European carmakers are looking to the continent’s east for growth, where increasing numbers of people are wealthy enough to afford their own wheels. “It’s the east that’s really driving Europe,” said industry expert, Laurent Petizon of AlixPartners. Car sales there increased 14 percent year-on-year in the first three…



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