Tuesday December 1, 2020

Peugeot shares set to top VW as best car performer

Peugeot is tipped to overtake Volkswagen as Europe's best performing car share following negative reaction last week to the German manufacturer's controversial plans to sell off a stake in the company.

1st October, 2005

Peugeot is tipped to overtake Volkswagen as Europe's best performing car share following negative reaction last week to the German manufacturer's controversial plans to sell off a stake in the company.

Volkswagen shares, which have climbed 55 per cent this year, had accelerated as investors bet that the company was set to make more cars in lower cost countries outside Germany.

But what has been described as a “cosy'‘ deal to sell 20 per cent of...

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