Wednesday, February 9, 2011

Peugeot plans expansion into India

PSA Peugeot Citroën plans to expand into India and build a mid-size saloon car as part of a broader plan to build its business overseas and reduce its reliance on Europe’s anaemic car market.The French carmaking group made the announcement as it reported an expected return to profitability in 2010 and predicted higher earnings this year, supported largely by its business in faster growing emerging

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