• HSBC

Peugeot Q1 sales down 25%

  • Thursday, April 23 - 2009 at 09:23

PSA Peugeot Citroen has announced that Q1 sales globally declined by 25% due to slow demand. The automaker's revenue dropped to $14.2bn from $18.94bn a year earlier. The company reduced its inventory to 523,000 vehicles as of March 31 from 628,000 at the beginning of 2009.

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