Peugeot Writesdown $5.53B as Asset Values Plummet

Feb. 8 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that PSA Peugeot Citroen took second-half writedowns of 4.13 billion euros ($5.53 billion) due to Europe’s plummeting auto market. He speaks on Bloomberg Television's "Countdown."
Why Apple Has Fallen Since February Peak
02:21 - Bloomberg’s Michael Regan and Julie Hyman examine Apple’s moving average with Bloomberg’s Alix Steel on “Bloomberg Markets.” (Source: Bloomberg)
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