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Stock Market & Financial Investment News

News Breaks
December 12, 2013
06:28 EDTPEUGYFrench car manufacturers ready to re-enter Iranian market, FT says
The French car industry is ready for a cash windfall as well as the opportunity to once again have a dominant presence in the Iranian market after a calming of relations between the international community and Tehran, according to the Financial Times, citing comments from a Peugeot spokesperson. Reference Link
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April 17, 2014
07:58 EDTPEUGYEU vehicle sales turnaround fails to stop price war, Reuters says
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April 15, 2014
07:07 EDTPEUGYPeugeot slices product line, expenses in turnaround plan, Reuters says
Peugeot is set to almost halve its product line and focus investment on new technology in an effort to return to profit, according to Reuters, citing comments from the automotive company's new boss Carlos Tavares. Tavares promised to slice costs and excess plant capacity to stop losses by 2016. Reference Link

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