Monday, March 26, 2012
GM, FORD AND VW EYE Growing IRAQI Auto Marketplace
A view of Kahramana square in Baghdad. Rising automobilesales and interest in Iraq by key automakers are signsof optimism amid continuing violence and political strains.By Tamara Walid & Kadhim Ajrash, Bloomberg - Backed by the world's fifth-biggest oil reserves and a population bigger than Saudi Arabia's, Iraq is attracting the attention of international automakers like General Motors Co., Ford Motor Co. and Volkswagen Group.Western vehicles were shut out of the Iraqi market by sanctions
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