The Arab Organization for Industrial Development is anticipating a total collapse of the car manufacturing industry in Arab countries for 2002, as sharp competition is expected to emerge in this sector.
A recently released report by the organization shows that the automobile manufacturing and assembling industries in the Arab World are encountering serious difficulties in marketing their output to other states, reported Al-Sharq Al-Awsat. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
