7/11/2008

Automotive production increased by 31.8%

Reuters – According to the data from Automotive Industry Association, production of motor vehicles increased by 31.8% in January-June period of 2008 when compared to the same period of 2007 reaching the figure of 708,962 while automotive production, with an increase by 19.3%, reached the figure of 375,843. During the same period, motor vehicle market shrinked by 4.4%.