PARIS – The U.S. financial crisis may be grabbing headlines around the world, but it hasn’t changed the basic auto industry outlook for growth, according to a new study from consultants PricewaterhouseCoopers. “It is not a catastrophe for the future,” says Dominique Menard, head of the firm’s automotive-analysis section in France. The consultancy projects a 2.5% compounded annual growth for the global industry through 2015, with 95% coming from emerging markets. In its 2008 automotive ...
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