France's Peugeot Citroen goes east for growth

Newswire

By Marcel Michelson

PARIS, May 28 (Reuters) - France's PSA Peugeot Citroen , Europe's second-biggest volume carmaker after Volkswagen , is pinning its hopes on Russia, eastern Europe and China to boost its sales and profits.

"The supervisory board has asked management to increase the international presence of ...

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