Crisis takes toll on Peugeot Citroen
China Daily | Updated: 2009-07-30 08:01
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A woman looks at a Peugeot 308cc at a PSA Peugeot Citroen showroom in Paris. Bloomberg News |
PARIS: Automaker PSA Peugeot Citroen yesterday posted a 962 million euro ($1.37 billion) net loss in the first half as the global economic crisis continued to ravage car sales and said it doesn't expect the European car market to recover before the end of next year.
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