INTERVIEW-UPDATE 1-Russia's Rolf cuts Peugeot, halts merger


* Will stop selling Peugeot after sales targets not met -CEO * Merger with Helsinki-based Avelon on hold * India expansion frozen until "light at end of tunnel" seen * Co fine to pay or service $300 mln in debt due in '09 (Adds quotes, details, background) By Simon Shuster MOSCOW, March 30 (Reuters) - Russia's largest dealer of foreign cars, Rolf, will stop selling Peugeot vehicles and has put the brakes on a planned merger with Helsinki-based Avelon Group amid a sharp slump in ...

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