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France: PSA ups cost savings and asset sales for 2012

PSA Peugeot Citroen has reported a recurring operating loss in its Automotive Division of €497m (US$654m) in the second half of 2011, overturning the profit of €405m seen in the first half of the year. However, positive contributions from other divisions – Faurecia, Gefco and Banque PSA Finance – resulted It’s time to log in … Continued

PSA Peugeot Citroen has reported a recurring operating loss in its Automotive Division of €497m (US$654m) in the second half of 2011, overturning the profit of €405m seen in the first half of the year. However, positive contributions from other divisions – Faurecia, Gefco and Banque PSA Finance – resulted

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