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Moody's cuts debt rating for France's Peugeot

Newswire

By Marcel Michelson

PARIS, Jan 9 (Reuters) - Debt rating agency Moody's cut its credit rating for Europe's second-best selling carmaker PSA Peugeot Citroen on Tuesday on worries about the group's loss of market share in Europe.

PSA on Monday reported a small decline in 2006 unit sales after several years of rises and ...

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