Struggling French car firm Peugeot has reported a loss of 819m euros (£638m) for the first half of the year and has detailed 1.5bn euros of cost savings. The firm said sales in the six months to the end of June had fallen by 5.1%. Peugeot, which made...
The Orange County Register
The maker of two-thirds of France's cars is in a tailspin as a deepening recession in many markets in Europe takes its toll on its business...But on Wednesday, the stock price surged when the Paris bourse opened and was up 3 percent in early trading.