Will red ink continue into 2013? - Alliance with
GM applauded, but any gains are over the
PSA Peugeot-CitroŽn is the mass car maker causing investors most concern, and Citigroup Global Markets is the latest to express dismay at its prospects, raising its automotive divisionís loss forecast for 2012 to more than Ä900 million, and worrying 2013 will see more red ink.
On the plus side, Citigroup praises Peugeot-CitroŽn for its actions in selling assets to raise cash, and setting up an alliance with General Motors
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