PARIS – A shocking 16.1% decline in French car sales in May disguises what probably was the first positive month this year. Customers bought 165,776 cars in May, down from 197,701 year-ago, but there were three fewer daily selling days due to holidays, resulting in only a 2.9% drop in the daily sales rate. PSA Peugeot Citroen lost market share in May as sales tumbled 28.5%. Renault gained share despite a 12.0% decline, but its Dacia entry brand turned in a plus ...
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