PARIS – On his second day as chairman of PSA Peugeot Citroen, Christian Streiff had to announce earnings fell by €800 million ($1.041 billion) in 2006 and the profit margin dropped from 3.4% in 2005 to 2.0%, but it wasn’t a bad day. The results were better than expected, and Streiff acted like the captain you’d want if your ship were in a storm. In addition to detailing PSA financial results he: Outlined a 4-year growth plan. Explained how his new leadership team would work to make ...

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