European market recovering but comes out of crisis completely transformed. - The European passenger car sector is beginning to recover from the crisis and appears transformed by it. Purchases of cars are currently rising much faster in China and India. According to PricewaterhouseCoopers (PwC), global car production will reach 68.7 million vehicles in 2010, almost the same as in 2008 (66 million cars), following a lean period in 2009, when only 57.5 million units were produced. Retail growth...