PARIS -- PSA Group is targeting a rise in sales and profits from used vehicles, as part of the company's broader "Push to Pass" strategic plan through 2021, Marc Lechantre, leader of the automaker's second-hand cars unit, said.
Lechantre said the company was targeting 800,000 sales by 2021, up from a forecast 600,000 sales this year.
Lechantre said PSA was on track to lift profits within the second-hand cars division by a multiple of four times.
In July, PSA reported it had turned its recently acquired Opel/Vauxhall business sharply back into the black while achieving record first-half profitability at its Peugeot and Citroen brands.
