For our industry, that means diminished overall consumer spending, but NADA Industry Analysis believes that the economy will continue to grow from investment spending and increased exports, particularly to Japan and Europe. We think world automotive producers will continue to find ways to maintain yearly sales of at least 16.8 million units of light vehicles in this growth environment as we move into 2007.
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Certainly (Iran) is a large issue. It's not a one-time supply disruption story that will come and go. It is an evolving political story that will take some time to manifest itself. It's something that is going to take some time to play out (and) markets will react day to day.
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