Shawn Tully, Europe’s Real Problem: France Can’t Sell Cars. Fortune, Aug 1, 2015 (under the heading MACRO).
http://fortune.com/2015/07/24/france-auto-sales/
("Both France and Italy mainly manufacture inexpensive autos. Because they’re basic transportation, the Peugeots, Renaults, and Fiats require low prices and low costs to sell well at home and in other European nations. Germany, which has lower costs and sells more luxury cars, isn’t subject to the same constraints. In the past decade the number of cars sold in Western Europe by France’s Renault and Peugeot dropped from 3.5 million to 2.5 million")
My comment: The report overlooks Poland, where major players are all foreign, including Škoda Auto of Czech Republic but excluding France’s.
The Central and Eastern European automotive market; Poland. Ernst and Young,
http://www.ey.com/GL/en/Industri ... try-profile--Poland
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