* Industry should brace for "multi-year payback" in Europe -CEO * Some companies, investors scoping out deals in Europe By Deepa Seetharaman DETROIT, Feb 28 (Reuters) - The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the fruits of their plans within a year, Visteon Corp top executive said on Thursday. The longer time frame partly ...
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