REFILE-AUTOSHOW-Asian carmakers shift up to lift Europe margins

Newswire

Refiles to fix typo in paragraph 1, replacing "sold" with "solid". By Chang-Ran Kim, Asia auto correspondent PARIS, Sept 29 (Reuters) - Asian carmakers aim to churn out higher profits in Europe by moving up-market now that they have established a solid foothold in the region, while their local rivals struggle with excess inventories and restructuring costs. Automakers such as Toyota Motor Corp. and Honda Motor Co. have slowly but steadily built up their shares of a shrinking western ...

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