Reuters logo
Peugeot exits Le Mans racing, citing finances
January 18, 2012 / 3:05 PM / 6 years ago

Peugeot exits Le Mans racing, citing finances

PARIS, Jan 18 (Reuters) - French automaker PSA Peugeot Citroen said it would withdraw from Le Mans 24-Hour endurance racing before the 2012 season, citing financial reasons.

“This decision has been taken in the context of a difficult economic environment in Europe,” the Peugeot brand said in a statement on Wednesday. “Peugeot has chosen to concentrate resources on its sales performance in 2012.”

Reporting by Laurence Frost; editing by Elena Berton

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below