AUTOSHOW-Japanese makers cautious on higher Europe margins

Newswire

By Chang-Ran Kim, Asia Auto Correspondent PARIS, Sept 24 (Reuters) - After building a solid beachhead in Europe, Japanese car makers took a cautious view of their ability to make big near-term profit gains in the region as they showed off new models in Paris this week. "This is the most competitive market in the world," said Patrick Pelata, executive vice president of Nissan Motor Co.'s European operations, noting that even the best margins in the industry were capped at around 6 ...

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