Foreign automakers to outbuild Detroit in N.America-study

Newswire

DETROIT, June 22 (Reuters) - European and Asian automakers are expected to build more vehicles in North America than Detroit's three automakers by 2012 following a sweeping restructuring of the domestic industry, according to a study released on Monday. General Motors Corp , Ford Motor Co and Chrysler Group LLC are expected to reduce assembly capacity in North America by more than 4 million units, or 35 percent, to 7.5 million units by 2012, according to the study released by industry ...

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