As the euro debt crisis seems to be moving into another economic downturn – some say recession -, the international car industry is putting on an optimistic face. At the International Motor Show in Frankfurt, Germany, companies presented new “green” models as well as big sedans, sports cars and SUVs. Host Stefan Grobe talks about the latest trends with automotive analyst Tim Urquhart of IHS Global Insight in London. Other stories we look at are the Italian austerity budget and the latest warning from the International Monetary Fund.
The Frankfurt Car Show - resisting the crisis