Tuesday, March 27, 2012
GM, FORD AND VW EYE Growing IRAQI Auto Market
A view of Kahramana square in Baghdad. Rising automobilesales and interest in Iraq by significant 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 consideration of global automakers including Common Motors Co., Ford Motor Co. and Volkswagen Group.Western automobiles had been shut out of the Iraqi
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