Investors Await Cost-Cutting, But Plan Delayed By Election Peugeot-Citroen’s financial ratings were cut by Fitch because its profitability is being undermined by Europe’s crumbling economy. Fitch Ratings said Peugeot-Citroen’s profits were under pressure because weak corporate and consumer confidence, rising unemployment and persistent uncertainty from the government debt crisis were undermining car sales. Fitch cut […]