COMMENT: Europe's recovery is welcome, but don't expect a strong rebound in 2014
There were some positive signs for Europe last week as well as a development on Europe's economy suggesting that the recovery track remains fragile. On the plus side, Western Europe's car market was up 3.8% in October. That gain followed a year-on-year gain of 5.3% in September. Europe's car market is inching up from its twenty-year low.
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