Major Price Increases on the Way

AMSTERDAM, The Netherlands – Currently the euro – dollar rate stands at 1.21. Will it drop below 1.20 today? Somewhat over a year ago the euro was traded against the dollar for over 1.50. The 20% drop in euro value has a big impact on parts purchasing in the Far East and will result in major price increases for the 2013 line-ups that are currently introduced.

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