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Peugeot’s Varin Outlines Vision, Underwhelms Investors

Questions About Euro Bias, Faurecia Remain Unanswered Short-Term Profitability Improves, But Concerns Mount About 2010 Peugeot CEO Philippe Varin finally unburdened himself of his vision of the future at a meeting on November 12, but investors were not impressed. Investors wanted guidance from Peugeot about his plans, with the main concerns being the company’s Eurocentricity, […]

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Peugeot Loses More In 3rd Quarter As Rivals Return To Profit

Investors Expect Action From Varin At November 12 Meeting Solid Profitability Not Expected Until Second Half Of 2010 “Eurocentricity”, Capacity Use, Faurecia Need Sorting Peugeot-Citroen disappointed investors with its third quarter performance, and the consensus remains that it will lose more than €1 billion in 2009. Peugeot sales in the 3rd quarter “only” declined by 7.7 […]

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