GERMANY: Auto investors lose money in Q1; PSA and DCX fare best - paper
Investors in vehicle makers lost money in the first quarter but those owning PSA/Peugeot-Citroen and DaimlerChrysler stock lost less than most, according to Automotive News Europe. The value of PSA's stock declined only 7.8% as it continued to increase its share of the new passenger-car market to 15.7% in the period from 15% a year earlier. The improvement was all due to Citroen with its successful C3 small car and the company's aggressive discounting campaign for other, older models.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable