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French carmaker Peugeot-Citroen hit as European sales slump – Business Daily



The French firm PSA — which owns the Peugeot and Citroen brands — has seen revenues fall 3.7% in the three months to the end of September. Its business has been hurt by plummeting sales in Europe, down almost 11% so far this year. It comes as the company is close to signing a competitiveness pact with workers which will see them working longer hours in exchange for job security. Also, Facebook’s Mark Zuckerberg emerges as the best-paid CEO in the United States, earning $6 million a day. Stephen Carroll has these stories and more in today’s business round-up.
10/23/2013 BUSINESS DAILY
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