{"id":584415,"date":"2010-05-28T01:02:07","date_gmt":"2010-05-28T05:02:07","guid":{"rendered":"http:\/\/focusgear.com\/archives\/41791"},"modified":"2010-05-28T01:02:07","modified_gmt":"2010-05-28T05:02:07","slug":"citroen-is-betting-on-strong-growth-in-china-as-european-sales-drop","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/584415","title":{"rendered":"Citroen is betting on strong growth in China, as European sales drop"},"content":{"rendered":"<p style=\"text-align: justify\">\n<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/focusgear.com\/files\/2010\/05\/bfd00e76ed75d8d9fe89097d562ee2a0.jpg\" width=\"300\" height=\"163\" border=\"0\" class=\"rss2wordpress_image alignleft\" alt=\"2010 Citroen C3\" \/>As the European markets become unpredictable due to the incentive programs ending or being phased out, France&#8217;s Citroen (which is part of carmaker PSA Peugeot Citroen) is relying on the strong growth in China, Citroen managing director Frederic Banzet told Reuters.<\/p>\n<p style=\"text-align: justify\">The effect of the global economic crisis on the auto industry has made it necessary for government to provide incentives to raise new-car sales. But these incentives have to end and as that is happening, carmakers are turning to emerging markets to sustain their growth. Banzet describes the environment to be \u201cmore uncertain than predictable.\u201d However, he noted that <span id=\"more-41791\"><\/span> China and the South American markets are exceptions since the company clearly sees continuing growth in those countries.<\/p>\n<p style=\"text-align: justify\"><span><\/span><\/p>\n<p>[via autonews &#8211; sub. required]<\/p>\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p class=\"rss2wordpress_signature\">Source: <a href=\"http:\/\/www.4wheelsnews.com\/\">Car news, Car reviews, Spy shots<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the European markets become unpredictable due to the incentive programs ending or being phased out, France&#8217;s Citroen (which is part of carmaker PSA Peugeot Citroen) is relying on the strong growth in China, Citroen managing director Frederic Banzet told Reuters. The effect of the global economic crisis on the auto industry has made it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-584415","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/584415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=584415"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/584415\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=584415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=584415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=584415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}