USA: Slovak car industry targets million-unit annual output - report
Slovakia's car industry may almost triple annual production by 2007 and has set a goal of making a million vehicles a year as it tries to attract more manufacturers, the nation's president said, according to a Bloomberg News report. The country expects an undisclosed United Kingdom-based motor-industry company to announce plans for a new factory, president Rudolf Schuster said in an interview with Bloomberg News while in Detroit to meet with US motor industry executives. Slovakia, which made 225,000 cars and trucks last year, seeks to build about 600,000 annually by 2007, the report said.
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