Renault, PSA Face Unprofitable Paradox

Prevailing wisdom today holds that small cars, manufactured in developed economies are some of the least profitable cars in existence. So why do companies like Peugeot, Citroen and Renault persist in producing them?

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Adventures In Marketing: Outrun Satan's Temptations In a Renault Clio

In 1999, you could still buy a brand-new Peugeot 504 in Argentina. With such a classic French automobile available, Renault’s marketers had to come up with an extra-special advertising gimmick to move those Clios off the lot. How about El Diablo?

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  • Tassos no matter how much you (very foolishly!) pay for this serial loser, you will lose EVERY CENT OF IT when it goes broke. Just like GM's shareholders in 2008.
  • Kwik_Shift_Pro4X And the next version in 6 months will be even more hotter. 🙄
  • Cprescott While this seems like good news, IIHS is a complete racket that arbitarily changes standards at a whim based on specious evidence. Once cars meet these standards, IIHS changes them so that most will fail so they get publicity. This is how they work. And I'm not even going into the fact that they are funded by the insurance companies....
  • Cprescott Good old days of Volvo. Can't say tht about their current garbage.
  • Cprescott Wasn't Heir Yutz affiliated with this company. He has the reverse midas touch.