PSA Peugeot to recall around 100,000 cars

PARIS, Jan 30 (BestGrowthStock) – French carmaker PSA Peugeot
Citroen (PEUP.PA: ) said on Saturday it would recall nearly
100,000 cars because they have the same accelerator-related
problems currently afflicting Japan’s Toyota (7203.T: ).

“We are going to do the same thing as Toyota. We are going
to do a recall,” said a PSA Peugeot Citroen spokesman.

The spokesman declined to give a precise figure for the
amount of vehicles to be recalled but said it would be “under
100,000.”

He said the recall would affect the Peugeot 107 and Citroen
C1 models made at a factory in the Czech Republic where the
French group and Toyota jointly produce cars.

Toyota President Akio Toyoda apologised for the recall of
millions of vehicles around the world, Japanese broadcaster NHK
reported on Saturday, as the deepening crisis threatened to
further damage its sales and delay an earnings recovery.

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(Reporting by Sudip Kar-Gupta)

PSA Peugeot to recall around 100,000 cars