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The situation in the European car industry is “not rosy,” outgoing Internal Market Commissioner Thierry Breton told Handelsblatt, a German financial newspsaper, in an interview published on Monday. There is “great nervousness” stemming from current developments in the German automotive industry, Breton said, referring to the saving plans and possible job cuts announced by the Volkswagen Group. “I am very concerned about the announcements of plant closures,” the French commissioner said. He said that the aim must be to “maintain and preserve our expertise, our innovative strength and our compet…

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