Peugeot posts 16.5% decline in global sales last year
- France: Thursday, January 10 - 2013 at 01:49
French automaker PSA Peugeot Citroen has said contracting demand in debt-crippled southern Europe and the suspension of its activities in Iran have sent its global sales plunging by 16.5% in 2012, AFP has reported. "PSA Peugeot Citroen recorded worldwide unit sales of 2,820,000 assembled vehicles, down 8.8%. Together, sales of assembled vehicles and CKD (completely knocked down) units totalled 2,965,000, down 16.5%," the group said.
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