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German automakers BMW (BAMXY.PK) and Daimler (DDAIF.PK) will follow their American counterparts...

German automakers BMW (BAMXY.PK) and Daimler (DDAIF.PK) will follow their American counterparts in cutting back or skipping summer production shutdowns. The rationale is simply. Growth in the U.S. and China trumps the weak sales in Europe for the automakers.
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