Peugeot worldwide sales plunge 16.5% in 2012 | Bangkok Post: news

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Peugeot worldwide sales plunge 16.5% in 2012

French auto giant Peugeot, recently rescued by the government, reported on Wednesday a 16.5-percent plunge of sales last year because of problems in southern Europe and Iran and despite strong demand in Russia and China.

A Peugeot car parked in front of the economy ministry in Paris.

The group blamed the effects of the debt-crisis in southern Europe for the extent of the sales plunge.

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