Peugeot's profit falls 83 percent as sales of autos decline
Article Abstract:
Peugeot S.A. of France posted a net profit slide to 176 million Euros ($228.5 million) in 2006 from 1.03 billion Euros in 2005. Total revenues increased to 56.59 billion Euros from 56.27 billion Euros, revenue is down 1.1 percent to 44.57 billion Euros. Overall market share is down for the French automobile giant as older automobile models attract less attention in a competitive market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Renault profit falls 25% on costs, weak demand
Article Abstract:
Regie Nationale des Usines Renault of France posted a slide in first half net profit by 25 percent to 1.63 billion Euros ($2.07 billion) down from 2.17 billion Euros last year. Revenue losses were due to increased raw materials prices and slow sales.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Comment about this article or add new information about this topic:
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