EMBATTLED French auto group PSA Peugeot Citroen has announced a huge writedown of 4.7 billion euros for 2012, due to an extremely difficult European market.
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PSA Peugeot Citroen announces writedown
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Peugeot Citroen returns to profit in first half
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Porsche SE to use bulk of cash for acquisitions
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Credit Suisse downgraded Ford (f) to Underperform
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Eurozone in deepening recession
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Schaeuble says Europe won't take 'easy way' of 'cheap money'
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France heads back into recession
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Europe faces unprecedented crisis:
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European truck sales plunge in May
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Penske automotive Group commences tender Offer for 7.75% senior subordinated Notes due 2016
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Porsche confirms E700m loan from Volkswagen
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Vantis falls £10.7m into red
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CIT files for bankruptcy
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Chrysler files for bankruptcy
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European power prices fall 12% in May
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'Situation in Europe has significantly worsened'
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Crédit Agricole posts unexpectedly large loss