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Thursday, 15 January 2009 16:58

Despite Uncertainty, Auto Execs Remain Committed to Hybrids and Electrics

A recent survey of global senior automotive executives by accounting and consulting firm KPMG reveals conservative expectations for the industry’s growth in 2009.

Executives remain poised to curtail spending and lean their operations. They are still generally committed to alternative-fuel technologies, however. More precisely, the survey indicated that executives and product planners have a growing optimism for the consumer-lead demand for fuel-efficiency and alternative fuels.


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