Groupe PSA's net profit increased 13.2% to a record 3.2 billion euros, and the company increased its dividend against 2019 results to 1.23 euros per share, up 58% from 2018 levels.PSA offset a slump in vehicle sales by selling pricier SUV models, with launches including the Citroën C5 Aircross hel ...

It would appear that next-generation cars manufactured for the Citroën brand will benefit from a major investment Groupe PSA announced on February 3, 2020 (through its German Opel brand) with French battery manufacturer Saft (part of Total since 2016) for two lithium-ion EV battery cell plants to ...

China's Chongqing Changan Automobile has agreed to sell its $234.22 million US stake in its joint venture with Groupe PSA to a subsidiary of Baoneng, the company said in a statement last week.A spokesman for PSA also confirmed last week that the company would sell its stake in CAPSA to the Baoneng ...

The joining of Fiat Chrysler Automobiles and Groupe PSA at the end of 2019 created the world's fourth-largest automobile manufacturer by volume and third-largest by revenue with annual sales of 8.7 million units and combined revenues of nearly $190 billion euros to produce a projected recurring ope ...