“Switzerland, the host of what is one of the auto industry’s biggest events, is a rare bright spot on the crisis-hit continent.  The Swiss, who do not belong to the EU, saw new car registrations jump 2.4 percent last year from an already record year in 2011, with 431,000 new registrations.  For the neighbouring EU nations, however, the end of the tunnel remains out of sight and most experts refuse to guess when, if ever, the market will come roaring back and hit its pre-crisis 2007 level of 16 million cars sold.”

http://www.thelocal.ch/page/view/geneva-car-show-opens-amid-motor-industry-crisis

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