Why VW, German peers will rebound faster than French, FCA

When the coronavirus outbreak hit PSA Group’s Chinese joint venture in Wuhan, it was Volkswagen Group that ended up paying the price. Global volumes across all brands owned by the German automaker fell by a quarter in February due to the stringent lockdown imposed by authorities in the group's single largest market.

By comparison, PSA celebrated the best first two months ever financially, enjoying a record order book because of the launches of new models such as the Peugeot 2008 crossover and the Opel/Vauxhall Corsa small car.