China: Weaker euro to aid operations of European OEMs

According to analysts at Nomura Holdings, PSA Peugeot Citroen's and Volkswagen's joint ventures in China are set to benefit from a weaker euro as it reduces the cost of components imported from Europe. Interviewed by Bloomberg, Nomura analyst Yankun Hou, was reported as saying that Dongfeng PSA, a partnership between Peugeot Subscribe to Automotive World … Continued

According to analysts at Nomura Holdings, PSA Peugeot Citroen's and Volkswagen's joint ventures in China are set to benefit from a weaker euro as it reduces the cost of components imported from Europe.

Interviewed by Bloomberg, Nomura analyst Yankun Hou, was reported as saying that Dongfeng PSA, a partnership between Peugeot

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