The Geneva Motor Show: Carmakers Braced for Sales Dip

Summary


The spectre of falling sales and rising steel and plastic prices hung over the European car industry as the Geneva Motor Show got under way in its centenary year.

Executives queued up to warn that sales in 2005 look set to fall away from last year's buoyant levels.

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Extract


The Geneva Motor Show: Carmakers Braced for Sales Dip

But they also stressed that the scope for reviving the market with showroom incentives was limited as production costs increase and margins shrink.

PSA Peugeot Citroen c...

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