GERMANY: Mood anything but sombre at Frankfurt
You might have expected a sombre mood at the Frankfurt show with Chinese market growth down to a trickle, the Russian and Brazilian markets still basket cases, uncertainty in Europe over the economic effects of the migrant crisis and dire warnings about a possible recession in the US, but there was not a hint of it. Auto industry executives, and especially those from the German premium brands, were in buoyant mood, insisting that it would be business as usual.
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