PARIS – Low-cost cars produced by global auto makers could account for 3 million units of output in 2010, but the growth clearly threatens employment in each manufacturer’s home country, analysts say. Renault SA, alone, is targeting production of 1 million Logans in 2009, and challengers from Volkswagen AG, Mitsubishi Motors Corp., General Motors Corp. and others will be arriving on the market. In a presentation to the Automotive Electronics Congress here, Frost & Sullivan ...
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