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Asia

Dongfeng Peugeot drives into ABS market on sales rebound

Peugeot Citroen Groupe PSA cars_adobe_575px_16Apr21

Dongfeng Peugeot Citroen Auto Finance Co made its first appearance in China’s auto loan ABS market since 2017 this week, sealing a Rmb2.201bn ($336m) deal amid rising demand for proprietary brand vehicles after a plunge in sales in recent years.

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