Select a language
The European car market is weak and the outlook for 2014 is poor, points out La Tribune.
The quarterly figures reported by carmakers are cause for concern: the automobiles division of PSA (Peugeot-Citroën) saw sales decline by 10.3 per cent, Daimler announced a 60 per cent drop in profits, while Volkswagen reported a slight reduction in sales volume.
Meanwhile, American carmaker Ford tripled its European deficit, with a €350m loss and a 7 per cent decline in sales.
We hope you enjoyed this article.
Would you consider supporting our work? Voxeurop depends on subscriptions and donations from its readers.
Discover our offers from €6/month including subscribers-only benefits.
Subscribe
Or make a donation to bolster our independence.
Donate
