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Automakers gird for 'new normal'

China Daily | Updated: 2009-11-03 08:24

PARIS/DETROIT: As automakers, parts suppliers and car retailers ready business plans for next year and beyond, the experience of the industry's 2009 crash has made caution the new byword.

For perspective, consider that AutoNation Chief Executive Mike Jackson now counts as an optimist in an auto industry still reeling from a collapse few saw coming.

His bullish forecast?

Automakers gird for 'new normal'

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