New Cars

Filed under: Economy, Euro, Renault, Citroen
Following the approach taken by rival Renault, PSA/Peugeot-Citroen is working on an entry-level car set to debut in emerging markets in 2011. The Renault Logan has done well in Russia and Romania, which has prodded this interest and action from PSA. The new five-passenger vehicle will be assembled in Turkey [...]

Filed under: Trends, Euro, Earnings/Financials
Russia has just passed Germany as Europe’s largest market for new car sales — for the first half of the year, at least. In fact, Russian consumers managed to snatch up 41% more cars for the first half of this year as compared to the previous year. Not only that, but [...]