PSA Group 2016 sales rise 5.8%


PARIS: French carmaker PSA Group said global vehicle deliveries rose by 5.8% last year, propelled by strong sales of its Peugeot brand in Iran and the continuation of the European auto market's recovery.

The manufacturer, Europe's second-biggest carmaker after Volkswagen, has pledged to drive sales in emerging markets to reduce its reliance on its home region, while reshuffling its three brands to focus on more profitable models.

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Business , Peugeot , car sales

   

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