Toronto Star Archives

Document
Advanced Saved Help
 Buy Complete Document:   AbstractAbstract Full Text Full Text
The mood of car firms in France on upswing
[SA2 Edition]
Toronto Star - Toronto, Ont.
Author: (REUTER)
Date: Oct 11, 1986
Start Page: J.9
Section: WHEELS
Abstract (Document Summary)

Peugeot is using the Paris auto show, which opened Oct. 2, as a launchpad for its new Citroen AX compact car, which has been designed to compete with the Renault 5, Volkswagen Polo and Opel Corsa. The company hopes the car will secure 6 per cent of the French car market next year.

The financial outlook at Peugeot's major rival, Renault, while much improved, remains clouded by its huge debt, which chairman Georges Besse said had reached 62 billion francs ($9.4 billion U.S.).

 Buy Complete Document:   AbstractAbstract Full Text Full Text