AUTOSHOW-Tough markets mar Geneva car show birthday party

Newswire

By Michael Shields, European Auto Correspondent FRANKFURT, Feb 24 (Reuters) - Renewed warnings that high raw material prices will gnaw on European carmakers' earnings amid flat markets this year are souring the mood for the Geneva car show, which celebrates its 75th birthday next week. Higher steel and plastics prices can add hundreds of euros to the cost of making each car -- the last thing struggling manufacturers need as they battle a strong euro and face excess capacity that is ...

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