PARIS – The automotive industry appears to be using more wood trim in spite of new competition from aluminum, carbon-fiber textiles and other luxurious materials. Novem, the leading supplier of wood trim at 40% of the estimated global market of €500 million ($595 million), anticipates 5% annual growth in use of wood in cars, while consultants such as Mavel SA project the overall annual growth rate of car production to be only 2.5% for the coming years. Business executives and designers ...
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