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Peugeot Cuts Cash Burn in Half Next Year


PSA Peugeot Citroen CEO Philippe Varin said the company plans to cut its monthly cash burn to half reaching 100 million euro ($133 million) in 2013. CEO Philippe Varin also said that PSA Peugeot Citroen still aims at breaking even in terms of operating cash flow by the end of 2014, while Maxim Picat, the head of Peugeot says that the ...
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Peugeot Cuts Cash Burn in Half Next Year
PSA Peugeot Citroen CEO Philippe Varin said the company plans to cut its monthly cash burn to half reaching 100 million euro ($133 million) in 2013. CEO Philippe Varin also said ...

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