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Automotive News Europe, January, 2003 by Feast, Richard
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Byline: Richard Feast Automotive News Europe
A dramatic socio-economic change is shifting the axis of the European auto industry toward central Europe.
Automakers are vying for early positions in what's predicted to become a booming car market over the next two decades.
In the short term, labor and social costs one-sixth of those in more western markets have fueled a rise in vehicle manufacturing in central Europe after the 1989 collapse of the Berlin Wall.
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But, further out, it's the lure of a fast-growing and increasingly wealthy population that's driving the structural ...
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