Renault, Peugeot made more cars abroad than in France last year - report |
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Published
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Mon, 19 Feb 2007 08:36
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PARIS (AFX) - Renault and Peugeot made more cars abroad than in France for the first time ever last year, largely reflecting a sharp slowdown in domestic production, business daily Les Echos reported.The two car makers reduced their production in France by 15 pct in 2006, following a 3 pct drop in 2005.Outside France, Renault and Peugeot raised production by 12 pct last year, meaning that their foreign production has now doubled over the past eight years, Les Echos said.Both companies saw worldwide production fall last year, dragged down by the sharp slowdown in the French market.paris@afxnews.comgt/jlcCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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French Jan new car registrations up 1.8 pct, but Renault, Peugeot decline 