A new global survey by KPMG LLP, a U.S. consulting firm, finds automotive executives, representing OEMs and suppliers, are uncertain about a return to profitability in the automotive industry, at least until 2005. Some 30% of the 100 executives surveyed say they expect auto industry profitability levels of 2000 to return by 2005 at the earliest. This is drop in confidence from the prior year’s study, which found 36% believed there would be better profits by 2003 and 24% thought ...

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