Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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 ]

Others have rated this comment as follows:


Occasional Series