France: PSA, Renault cut combined output 6.9% in Q1

French vehicle manufacturers PSA Peugeot Citroen and Renault Group cut their global production by 6.9% in the first quarter of 2012 in a move aimed at reducing inventories. Individually, PSA reduced its global output of cars and light commercial vehicles by 10% in Q1, compared with its production in the January-March Subscribe to Automotive World … Continued

• By Webmaster
• May 11, 2012