Peugeot, Koreans seen benefiting from Fiat decline

Newswire

By Madeline Chambers, European Auto Correspondent FRANKFURT, June 25 (Reuters) - Loss-making Italian carmaker Fiat Auto will unveil a new recovery plan this week but many experts are already predicting its demise and say PSA Peugeot Citroen and Korean manufacturers may benefit the most. Once Europe's biggest automaker, Fiat's car arm risks sharing the same fate as the now defunct British Leyland and analysts say the strategy to be announced on Thursday has little chance of halting a ...

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