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PSA Peugeot Citroën, the European automaking giant responsible for forbidden fruit like the Citroën DS3 and Peugeot RCZ, has been struggling mightily, with a 510-million euro operating loss ($689.2M USD) in the first half of 2013, while cutting over 11,000 jobs and closing a plant, all ...
It's not just North America that is yielding an ugly red balance sheet for Chrysler. ChinaStakes.com reports that the automaker's position in China is in rough shape, too. Right before the taxpayer bailout of General Motors and Chrysler became official, Chrysler's Philip Murtaugh exited the company ...