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Slow sales, high prices dampen quarter.(News)

Automotive News Europe,  January, 2006  

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Byline: Sylviane de Saint-Seine

Sluggish new-car sales together with a raging retail price war and more expensive commodities sapped share prices in the European auto industry in the final quarter of 2005.

The financial difficulties of big US players - General Motors, Ford Motor Co., and No. 1 US supplier Delphi - reverberated across the Atlantic.

It underscored the financial fragility of the most established auto companies in the current business environment.

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