The French car maker's management is upbeat despite a $6.74 billion loss last year. Dow Jones's Steve McGrath says the future isn't all in Peugeot's control.
Fiat Chief Executive Sergio Marchionne accused Volkswagen of fueling an automobile price war that is contributing to steep industry losses, prompting a VW executive to call for him to step down as head of Europe's top auto-industry trade group. Steve McGrath reports.
German sportswear and equipment maker Adidas reported higher-than-expected profits in the first quarter. This is ahead of a sporting summer with the Olympic games and the Euro 2012 soccer tournament. Dow Jones's Steve McGrath has the details. Photo: Getty Images
With most of Europe's auto industry struggling to counter poor sales, Renault has managed to carve out a surprisingly profitable niche for itself: low-cost, no-frills cars. Dow Jones's Steve McGrath discusses why its competitors are following suit. Photo courtesy: Renault
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