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4 Reasons Investing In Peugeot Citroen Will Likely Be Successful In 2016 Peugeot Citroen’s (OTCPK:PEUGF, OTC:PUGOF) share price has been on a bullish path since 2013, appreciating from 4.50 to 15. But is this trend likely to continue for 2016? Several factors suggest so. 1. Strong European market Despite a slight decline in car sales in the Chinese market, the French car maker managed to sell 2.9 million vehicles in 2015 growth of 1.2%. Some investors might say this growth is negligible, but it’s important to realize Peugeot Citroen doesn’t operate in the United States, which is the world’s second largest car market and is currently booming. Hence, the car maker is dependent on Europe and the emerging markets, and EMs showed weak performed last year. As The Wall Street Journal reported, sales in Latin America fell by 21%, and those in Eurasia by 73%. (Please note that the Eurasian decline is also due to the sanctions against the Russian Federation.) Southeast Asia was down by 0.9%. However, these declining markets
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