PSA sees 3-4 pct Europe car mkt decline

Newswire

PARIS, July 24 (Reuters) - PSA Peugeot Citroen expects the European car market to decline by some three to four percent this year, Chairman Jean-Martin Folz said on Thursday. "There won't be any significant progression in the market in 2003; we forecast a drop of three to four percent in Europe," he told a news conference. In February he had forecast a decline of zero to two percent.

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