European car manufacturers’ latest crisis is only one part ofthe industry’s two-decades of restructuring and decline.

Hancké, Bob

(2012) European car manufacturers’ latest crisis is only one part ofthe industry’s two-decades of restructuring and decline. [Online resource]

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This week has seen car plant closures in Belgium and the UK, consolidation programmes, including a bail-out for Peugeot and GM/Opel, and a squeeze on the profits of all car manufacturers, including the relatively healthy VW. Bob Hancké takes stock of restructuring in the industry over the last two decades, and finds few reasons to be cheerful