Peugeot Citroen reveals recovery strategy, shares slump | Bangkok Post: news

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Peugeot Citroen reveals recovery strategy, shares slump

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French auto group Peugeot Citroen, fighting to recover from crisis with a new Chinese shareholder, presented a recovery strategy on Monday, but its shares slumped. 

A worker looks at a DS5 in a workshop inside the PSA Peugeot Citroen Chinese factory in Shenzhen, south China's Guangdong province on September 28, 2013

The group would focus overall on a culture of performance and global branding, it said in a statement.

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