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Automotive News Europe, February, 2003
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Folz talks about Iraq
With national economies looking shaky in western Europe, industry pundits are forecasting a flat new-car market or one that will be slightly down this year. The unknown factor, however, is the effect of a possible war against Iraq.
PSA/Peugeot-Citroen Chairman Jean Martin-Folz said the auto industry could be looking at a problem similar in proportion to the oil crisis of the 1970s, in a worst-case scenario.
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"It is something of an unknown and like everyone else we are expecting the market to be flat or down by around 2 percent in 2003," Folz ...
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- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »