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Roof suppliers hit hard by lower demand for convertibles

Peugeot will not make a 207CC successor because of dwindling demand for convertibles in Europe.
October 15, 2014 05:00 AM

When Volkswagen Group CEO Martin Winterkorn starts reaching for a pen and napkin to explain something, the conversation always gets interesting. VW Group currently has 12 convertibles in its stable. "Does there have to be a replacement for each of these cars?" he asks the people around him.

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