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A major reason for the improved trade position — and for the economic woes in Detroit — is the weak car market.
With the state of Lower Saxony owning a fifth of its shares, VW could not react to the weak car market in the mid-1990s by slashing jobs.
[C4.] Retail Sales Fell 1.2% in September The Commerce Department said overall retail sales fell 1.2percentt in September, hurt by weak car sales.
Photograph: Robert Harding World Imagery/A/Alamy Weak car sales were a drag in September, pushing overall retail sales down 0.1% on a monthly basis.
Some of the tracks clatter: "Pump It Up" wittily recreates the rattling sound of a huge bass line coming through a weak car stereo.
Four alleged assailants are said first to have set off a weak car bomb outside an unused building in a smart suburb of Damascus, then tried to flee by tossing hand-grenades and firing wildly.
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It said the benefits of the moves could be offset by a weaker car market.
They generally agree that Europe's smaller and weaker car companies are under considerable pressure.
In addition to weaker car markets, BMW booked 1.1 billion euros in expenses in the fourth quarter for "risk provisions" and personnel costs.
A drive launched in the spring to squeeze barter out of the economy will give a shock to the weaker car firms, which did about 80% of their business that way last year.
Noting that Volkswagen went through "years of pain" and heavy investment to get where it is, Mr. Houchois said the question for Europe's weaker car industry players was whether they would have to go through the same convulsions.
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