Monday, March 26, 2012
GM, FORD AND VW EYE Growing IRAQI Vehicle Market
A view of Kahramana square in Baghdad. Rising vehiclesales 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-largest oil reserves and a population larger than Saudi Arabia's, Iraq is attracting the consideration of international automakers including Common Motors Co., Ford Motor Co. and Volkswagen Group.Western vehicles were shut out of the Iraqi market
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