Europe OEM Coatings Market Sees Falling Sales But Increased Investment in Paint Shops

摘要

Cars sales have been falling in Western Europe as yet another economic downturn confirms expectations that the region's recovery from the 2008 financial crisis will be a lengthy process. However, while demand for cars declines, large sums are being invested by automobile manufacturers in the modernization of their paint shops in the region to cut production costs, particularly through reduced energy consumption, and to make them more eco efficient.