Frankfurt am Main, February 27, 2014 -- While the outlook for global automotive manufacturers remains stable, demand in some emerging markets is expected to ease in 2014, says Moody's Investors Service in an update to its Industry Outlook report published today. However, Moody's expects that growth in China and the continued, slow recovery in Western Europe will offset some of this drop in demand. The outlook, which has been stable since September 2011, reflects Moody's view of the fundamental business conditions for the industry over the next 12-18 months.

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