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Industry: Email Alert RSS FeedExpanded EU brings some surprises; Production is up, but sales are flat in new markets.(European Union adds ten more countries)
Automotive News Europe, June, 2005 by Frink, Lyle
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Byline: Lyle Frink
Since the European Union added 10 countries last May, central Europe's automotive industry has had a wild and surprising time.
Production in the region is rising. But new-car sales in central Europe have been flat, driven by an unexpected crash in Poland as a torrent of cheap, imported used cars overwhelmed the new-car market there.
"It's been a mixed bag," said Chris Lacey, General Motors Europe executive director for north, central and eastern Europe.
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On the production side, automakers and suppliers have rushed into the region, attracted ...
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