European car market - revved up for revival
High-volume European car makers look set to emerge stronger than many thought possible from the lowest sales volumes for 17 years and decades of overcapacity issues.
09 December 2013
This could release more than EUR15 billion for shareholders, new projects or acquisitions, says Michael Ward, Head of Diversified Industrials
In an article on RBS Insight, he says: “European headquartered vehicle makers currently carry a record EUR75 billion in liquidity - and we can see the route to some of that cash being freed up from 2015.
"There are early signs that the car companies will come out of what has been a very dark period far stronger than predicted – just as the market starts growing again."
Read the full article our Insight Hub:
European car market - revved up for revival
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