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Austria: Mitterlehner Still Optimistic For Automotive Industry
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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.

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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