Austria: Mitterlehner Still Optimistic For Automotive Industry

Lifestyle & Travel › Luxury Goods ♦ Published: March 15, 2013; 15:11 ♦ (Vindobona)

The massive decline of 23 % in the motor vehicle trade in the first ten days of March 2013 does apparently not concern Austria’s economy minister Reinhold Mitterlehner.

Austria: Mitterlehner Still Optimistic For Automotive Industry / Picture: © Vindobona.org

Quite on the contrary, Mitterlehner estimates one of the best results for 2013 and regards Austria in a favourable economic position compared with the rest of Europe. Mitterlehner sees future potential in low-consumption motors and electric mobility. Yet, he does not regard a new scrapping premium as imperative at the moment. In 2009, the premium yielded € 95m for 30,000…

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