Car-carrier bonanza set to continue as China 'floods' the market
Following Maersk’s divestment from Höegh last week, the latest projections from Clarksons Research are that ...
It had to happen at some point. There was simply no way Peugeot could rely on its traditional European markets if it wanted to survive – May saw car sales in Europe hit a 20-year low, while the company’s Chinese sales grew 33% in the first half of the year. In fact, it is forecast that China will overtake France as Peugeot’s largest market as early as 2015.
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Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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