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|Has the US automotive sector shifted safely into top gear?|
|Thursday, 16 April 2015|
According to the latest press release from Coface, the bail-out for the US automotive industry, at a cost of 80 billion dollars and large-scale layoffs, traumatised the United States. Its automobile manufacturers are now rebuilding their competitiveness and benefiting from the upturn in US economic growth (forecast at 2.9% in 2015).
The industry has picked up and demand is being driven partly by easier access to credit, but at what price?
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