Analysis - See Car Makers Expect Bumpy Ride Ahead in 2010
SeeNews - The Corporate Wire 2010, March 5
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Publisher Description
LJUBLJANA (Slovenia), March 5 (SeeNews) - Government financial incentives and low-cost automobiles helped the few car makers in Southeastern Europe (SEE) weather the economic crisis better than many car giants but they still see a bumpy road ahead in 2010, industry officials said. On the eve of 2009 car makers in SEE were tightening their belts to survive what they expected to be the most difficult year in their history. A year later they reported record high output and sales figures, and unveiled plans to start rolling out new models. Government-sponsored stimuli for the sector, however, are expected to expire this year, leaving car makers out in the cold.
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