Filed under: Earnings/Financials,Green,Chrysler,Fiat,Citroen,Peugeot

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. The group, which also produces cars under the Citroen and DS brands, offset a slump in vehicle sales by selling pricier SUV models, with launches including the Citroen C5 Aircross helping to lift revenues by a higher-than-expected 1% to 74.7 billion euros ($81.2 billContinue reading Peugeot maker PSA posts record profits ahead of FCA merger

Peugeot maker PSA posts record profits ahead of FCA merger originally appeared on Autoblog on Wed, 26 Feb 2020 08:55:00 EST. Please see our terms for use of feeds.



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