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PSA sales slide over first half of 2019
French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery. Sales fell to 1.9 million light vehicles in January-June, the company said on Monday, from 2.18 million a year earlier. PSA, which has notched up successive sales and profit records under Chief Executive Carlos Tavares, is due to report full earnings for the period on July 24.
Ford and the UAW kick off contentious contract talks
The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV (FCA) will kick off their own talks with the UAW on Tuesday. When the negotiators for the union and Detroit's automakers last sat across the table from each other in 20
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