PSA Peugeot Citroen collapses in 2012: the French car manufacturer registered a auto deliveries down 16,5%, after losing market share in Europe and withdrawing from Iran.
Global sales volumes dropped to 2,97 million vehicles in 2012 from 3,55 million in 2011, and Europe, in particular Southern Europe, was above all decisive in the negative. Peugeot expects a further decline of 3-5% in the European market in 2013, but did not give goals for the group. In 2012, its market share dropped to 12,7 from 13,2%.
