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Restructuring strategies for the automotive sector

June 2009 - Corporate & Commercial. Legal Developments by Hermann Rechtsanwälte Wirtschaftsprüfer Steuerbe.

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The automotive sector has been struggling for many years, but it has never faced a catalogue of challenges quite like this. Rising oil and commodity prices, the declining value of the US dollar, tighter lending habits, rising competition and environmental concerns have all conspired to make it more difficult than ever for auto companies to operate profitably.

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