News

Global automotive industry overweight

10/09/2004

Overcapacity troubling the global automotive industry is expected to continue, according to analysts at Robert W Baird in New York.

 

A research note published on 2 September, features a 13% decline in light vehicle sales in August across the automotive industry. Despite reports of excess inventories, some manufacturers such as Chrysler and Ford, have seen their inventories decline in August.

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