Deals
Peugeot Fourth-Quarter Car Sales Fall 20% on Europe Market
This article is for subscribers only.
PSA Peugeot Citroen, Europe’s second-largest carmaker, delivered 20 percent fewer vehicles in the fourth quarter as a push abroad failed to protect the company from a recession in its home region.
Sales of cars, vans and kits of components ready for assembly fell to about 720,000 vehicles from 902,000 a year earlier, according to data provided by the Paris-based company. Deliveries last year dropped 17 percent to 2.97 million, Paris-based Peugeot said today in a statement.