Germany to thrive in tough car market -assn head

Newswire

FRANKFURT, Dec 31 (Reuters) - German carmakers will gain market share by producing more smaller vehicles, even as competition in the global auto industry intensifies, the head of Germany's VDA automotive industry association said in an interview. "If BAIC buys GM's unit Saab, and another Chinese company buys Ford's Volvo, then that is a sign that the balance is shifting in the global auto market," VDA president Matthias Wissmann said in an interview with French daily Les Echos published on ...

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