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Paris Motor Show opens in sputtering market phase | Business News | DW.DE | 27.09.2012

The Paris Motor Show has opened its doors to privileged guests, ahead of its official weekend opening. Few of the carmakers have much to shout about, especially concerning sales in the key European market.

Automobile producers in Europe might be grateful for the distraction from their balance sheets as they seek to show off their wares in Paris over the next fortnight. Sales figures on the crucial European continent have been dwindling, and there was little optimism to be heard from the "home" manufacturers PSA Peugeot Citroen or Renault.

"I don't think one can hope for an upturn next year," PSA Peugeot Citroen boss Philippe Varin said of the European market, predicting growth of "around zero" or even "slightly negative" for 2013.

by In Wales (inwales aaat eurotrib.com) on Thu Sep 27th, 2012 at 04:13:16 PM EST
[ Parent ]
If yer gonna talk about cars, I want a Tesla Model S electric car.

Or, actually, I want the money to buy one. And if I had that money, I wouldn't buy a Tesla, I'd buy one of these instead.

by asdf on Fri Sep 28th, 2012 at 01:28:21 PM EST
[ Parent ]

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