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28 Oct
11:51

French car maker PSA foresees European market growth

French car maker Peugeot Citroen (PSA) expects 8% on-year car market demand growth in Europe in 2015, Kallanish learns from the company. China is seen to finish the year registering 3% growth, while Russia and Latin America are forecast to show a steep decline of 15% and 35% respectively. In the third quarter PSA’s global turnover increased 3.2% on-year to over €12 billion, while production in Europe grew by over 6%, the company says in a note. Turnov…
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