PARIS – PSA Peugeot Citroen global sales fell 16.5% in 2012 to 2,965,000 units. The European economic crisis hit hardest in PSA’s best markets of France, Italy and Spain, and complete-knocked-down sales fell 71% to 145,000 units in 2012, stopped cold in February when an international boycott of Iran began. Without counting CKDs, sales were down 8.8% globally. The collapse in European demand had the effect of boosting PSA’s non-Europe percentage from 33% of volume a ...

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