Peugeot chief sees flat European car mkt in 2003

Newswire

PARIS, Sept 26 (Reuters) - Peugeot Chairman Jean-Martin Folz said on Thursday he still expects a flat European car market next year after a decline of four to five percent this year. "I maintain my forecast for a decline in the market of between four and five percent in 2002 versus 2001," Folz told a news conference at the Paris car show. "What I saw in July and August and what we've seen in September backs up that opinion. As far as 2003 goes, my prognostic remains that of a European ...

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