EXCLUSIVE: GERMANY: Analysts revise sales forecasts down
Light vehicle sales in the NAFTA region are forecast to decline by 7.8 percent in 2002 to 17.6 million units. In Western Europe, a 2002 reduction of five percent to 15.6 million units is forecast.
DRI-WEFA analysts emphasise that their base forecast holds significant short-term
downside risks, although a recovery is still forecast for 2003.