Spain fights to retain investors.(News)

Automotive News Europe,  November, 2002  by De Oliveira, Paulo Soares

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Byline: Paulo Soares de Oliveira Automotive News Europe

The Spanish auto industry is trying to head off competition from low-wage eastern Europe.

The threat from eastern Europe is real, as Volkswagen group proved when it decided in September to move 10 percent of Seat Ibiza volume from the Martorell plant near Barcelona to Bratislava, Slovakia.

Suppliers and automakers realize they must fight to protect Spain's image as Europe's third-largest auto production center behind Germany and France.

Last week, Spanish industry leaders called for flexibility and innovation to ...

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