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Peugeot-Citroen Rings Up Better Than Expected Profit

But Profitability Worsens, Casting Doubts Over Improved Forecast Peugeot-Citroen surprised investors with stronger than expected profits in 2010, but the company’s prediction that auto profits would increase again in 2011 was met with raised eyebrows. Investment bankers reckoned that European overcapacity, market fragmentation, pricing pressure from market leader VW, coupled with stagnant sales in Europe, […]

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New Renault Plan Less Ambitious, More Makeable

Leaked 5% Target Confirmed; Dacia Will Lead Third World Assault Lack Of Action To Integrate Nissan Irks Some Investors Deteriorating Auto Profits Push Big Responsibility Outside Europe  “At Renault, Nissan dividends and Turkish profits are going to be needed to keep France solvent”  Renault’s previous strategic plan turned into an embarrassing failure, so its latest […]

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Fiat Auto Free To Concentrate On Cars With Chrysler

Chrysler Profits Will Compensate For Big Europe Losses Brazil, Marchionne’s Ambitious Plans Raise Doubts As Fiat Auto starts its new life as an independent car manufacturer its short-term prospects look shaky, but the acquisition of Chrysler may be an unlikely but crucial factor compensating for its chronically loss-making European operations and creating a formidable global […]

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