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Carsnow – news, automotive trends, investment, top car stories, adviceCarsnow – news, automotive trends, investment, top car stories, advice
Home»Top car stories»Europe began to buy less cars

Europe began to buy less cars

22.01.2019
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Due to problems in the market of European countries, a car unit called PSA Peugeot Citroen can inform about seven hundred million euros in the first half of two thousand twelve, the company was informed. Great Wall Hover H6 is popular in Europe. This SUV is actually just wonderful. Its technical characteristics are above any praise. It should be noted that this new car model is radically different from all its predecessors.

According to its assessment, the reduction of the European market will occur by about eight percent instead of the expected five percent. In order to largely improve financial indicators, PSA Peugeot Citroen plans to stop the Aulnay plant to two thousand fourteenth years, reduce production volumes at the Rennes enterprise, and reduce about eight thousand people.

The situation in the market of European countries has forced another manufacturer from France Renault to contact the government for help, as well as reduce sales forecasts in two thousand twelve years. It was previously planned to sell three to four percent more cars.

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