Britain states that a Brexit may cause car sales in the U.K. to drop up to 10%. Given that the U.K. is a right hand drive market, means more stock for Australia, perhaps. Japan has terrible demographics ... they now sell more adult dipers than dipers for toddlers apparently. Not sure Turkey car sales will be at any high either after last week's drama especially with tourism dropping by 50% recently. In other words, lots of uncertainty and volatility in markets now.
VW needs to keep the factories churning out motor vehicles. Those vehicles need somewhere to go!
WJ
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