OICA BOSS HAILS WESTERN EUROPEAN GROWTH, BUT WARNS AGAINST SHARP WITHDRAWALS OF STATE GRANTS
April 21st, 2015
GOVERNMENT help in encouraging struggling auto markets can be very effective, but assistance needs to be phased out carefully so that sales booms do not turn into slump, the leader global automotive manufacturer federation OICA has told wardsauto.In an exclusive interview, OICA (Organisation Internationale des Constructeurs d'Automobiles) secretary general Yves van der Straaten pointed to the phenomenal growth in the Spanish car market as an example.He warned its sales growth look looks unsustainable.Reacting to figures for the first three months of 2015 that ...
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