French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa. In its European home market, Paris-based PSA's sales declined by 2.5% in 2019 to 3.11 million vehicles, with its Opel-Vauxhall brand suffering the steepest fall, down 6.4%. In Europe, helped by an increase in sales of light commercial vehicles (LCVs), PSA said in a sta
If you have a problem, and you speak German, maybe you can hire the O-Team.
FCA boss Mike Manley seems to return the French automaker's interest.
GM lost money over two decades; PSA made money in the first year.
PARIS — French carmaker PSA, maker of Peugeot and Citroen cars, will launch a car-sharing service in Washington, D.C., at the end of October, a senior PSA executive said on Tuesday. PSA will initially use 600 Chevrolet cars in Washington, Brigitte Courtehoux, director of mobility services at PSA, said at the Paris Motor Show. PSA has said that it intends to use car-sharing as a way to Reuters
After leaving the U.S. market by ending Peugeot sales in 1991, PSA now plans to re-introduce itself as a car seller in 2026.
A fully electric Corsa is part of the plan.