PSA sees no improvement in Europe car market

Newswire

WUHAN, China, Oct 27 (Reuters) - French carmaker PSA Peugeot Citroen Chairman Jean-Martin Folz said on Friday he expected no improvement in the coming months in the European car market. "Today we note that the European market is sluggish but it has been sluggish for several years now. I don't think that things will change in the coming months," Folz told reporters during a business trip to China with President Jacques Chirac. PSA Peugeot cut its margin outlook on Thursday after reporting ...

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