Maybe it’s a matter of respect. Sooner or later you have to go up against the best if you want to be taken seriously. That could be one reason France’s Peugeot finally is eying a return to the U.S. – the world’s most competitive automotive market. Since facing down poor quality and productivity issues in the late 1990s, Peugeot has been on a tear. Its once vastly underutilized factories now are operating at an overheated pace to meet demand in Western Europe, where it has picked up a ...

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