18 August 2009

Slovakia's Auto Industry And Economy Decline.

GLOBALPOST.COM.

Slovakia used to boast it was Europe's Detroit. But then came along the economic crisis.

"Estimates had called for Slovakian production to reach 800,000 cars in 2008 and to top 1 million in 2009. Instead, production last year stayed at 2007 levels, and some analysts expect production to fall by a fifth this year."