H1-2008 - Valeo
H1-2008 - Valeo
H1-2008 - Valeo
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Business environment<br />
Global economic slowdown<br />
Global car production decelerates from +4.2% in Q1 to<br />
just +1% in Q2; D3 under considerable pressure in North<br />
America<br />
Renewed pressure on raw materials<br />
Dramatic currency shifts<br />
Interest rates heading higher in Europe<br />
July 29, <strong>2008</strong> I 7