Western Europe’s auto industry posts its second-highest vehicle sales pace ever in 2001, with total sales of 14.8 million units. Although a modest 0.6% gain over 2000’s results, it was the second-best sales year on record for the region, trailing only 1999. The European auto trade group ACEA says the results were 250,000 units more than original forecasts. The results are impressive, it says, considering the region was under intense economic pressure throughout the year, which was ...

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