Re: Re: “Massive auto industry investments in Spain”



Car sales in Europe are generally well down, for instance Fiat Turin have undershot their sales target worldwide by 19 Billion dollars according to their CEO Sergio Marchionne, whereas their sales targets have risen by 5% in the UK the only market to feature a rise.

Now if any of this applies to most car manufactures many of which are amalgamated like Fiat/Seat/Alfa/Ferrari and who knows, others, it’s yet another indication of how deep the Eurozone problems are.

By heck Spain needs some mighty big investment but as shakeel and chopera say, who is buying cars in Eurozone, and resulting job losses elsewhere? 🙄