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PSA pushing pricing, product strength in Q3 but uphill battle continues

The third quarter showed some notable progress at PSA, but analysts warn that it will still be some time before the OEM brings in tangible earnings.

PSA Peugeot Citroen reported some solid progress in the third quarter due to strength in China and Europe, but the OEM continues to face a number of obstacles in its recovery plan. Globally, the OEM's unit sales rose 5.5% year-on-year in the July-September period, driven by China (44.4%) and Europe (+7%).

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