Peugeot says 50% of rental customers aspire to ownership.
PARIS – Like their customers, European auto makers are changing. Prices and running costs are going up, congestion is growing and interest in cars is waning across the region. “Economic slowdown has a significant impact on affordability,” Peter Fuss, Ernst & Young’s senior advisory partner in Germany and Switzerland, says at the Automotive News Europe Congress here. “We need new concepts in the industry,” he says. “The younger generation ...
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