The Paris Auto Show gets off with a bang as PSA Peugeot Citroen (PEUGY.PK) CEO Philippe Varin...

|About: Peugeot S.A. ADR (PEUGY)|By:, SA News Editor

The Paris Auto Show gets off with a bang as PSA Peugeot Citroen (PEUGY.PK) CEO Philippe Varin warns the industry is in the eye of a hurricane with sales expected to fall again in 2013. His most telling remark (so far): "We're working on the assumption that the market has hit a plateau for the coming three years, so that 2015 is not going to look very different from 2012." (video stream)