Peugeot breaks sales trend, sees increase in sales

Automotive Industries, Jan, 2003

DaimlerChrysler is considering assembling. Mercedes C- and E-Class cars in China. The company is currently discussing the project with Chinese government officials. If approved, the plan will have Mercedes setting up a joint venture with a Chinese local partner and assemble 20,000 to 30,000 vehicle kits each year. The kits would be shipped from Germany.

Flat still says not selling

Fiat SpA continues to maintain that it is not spinning off its car unit even though insiders say executives are considering selling the troubled unit. In stead; the automaker says it reached debt targets set by four major creditors, who reportedly are willing to consider other measures to help with reorganization. Those measures include 8,100 layoffs and slicing debt more than a half.

European marketshare

                  2002   2001

VW               17.91  17.40
PSA              14.31  14.95
Renault          11.48  11.57
Ford             10.55  10.74
GM                9.73   9.26
Flat             10.35   9.15
DaimlerChrysler   6.69   6.82
BMW               3.01   3.53