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EU Support To Fight The Crisis In The Automotive Sector
added: 2009-02-25

The automotive sector with its 12 million jobs depending on this strategic industry has been hit particularly hard by the current economic crisis with new registrations down by 20% and gloomy expectations for 2009. Due to its close links to other sectors and the wide spread of supply industry and vehicle trade, the negative economic effects reaches out to millions of employees in all Member States.




Source: European Commission

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