PSA Group’s sales slump 10% in 2019 after record-setting 2018

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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

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PSA Group's sales slump 10% in 2019 after record-setting 2018 originally appeared on Autoblog on Thu, 16 Jan 2020 09:45:00 EST. Please see our terms for use of feeds.

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