Newsletters

PSA sets first-half profitability record on pricing gains

Peugeot has become an emblem of France, but the cash-starved automaker has reached a critical point. (Bloomberg)
LF
By:
Laurence Frost and Gilles Guillaume
July 26, 2017 05:00 AM

PARIS -- PSA Group increased sales and profit in the first half, setting a profitability record at its automotive division, after the automaker boosted sales of new, more expensive cars such as the Peugeot 3008 and 5008 SUVs.

Staying current is easy with newsletters delivered straight to your inbox.