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VIDEO: BBC News report: Carmakers urge for economic stability and political leadership

BBC news report highlighing the car industry’s concern about the debt crisis, and the effect it could have on demand for vehicles. Political indecision is eroding consumer confidence. A key concern for manufacturers is the provision of consumer credit, which if it dries up could make it difficult for consumers to buy newer cars, vans and trucks. If political accord is not established soon, a prolonged crisis could result in production cuts and negative effects on employment.

Last Updated 5/12/12

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