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."
China Stock Boom Drives Luxury Car Demand
13:28 - There are signs that confidence is returning to the high-end consumer market in China with sales of super-luxury cars starting to pick up after a slump in 2014. Bloomberg’s Rosalind Chin reports on “First Up.” (Source: Bloomberg)
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