PSA's first-half consolidated sales in Europe rose 7.4% year-on-year to 1,056,000 units.
With 117,963 new vehicle deliveries worldwide, Porsche is 3% up in the first half of 2016 year on year.
PSA's first-half sales fell 0.2 percent, the automaker said today as it cited difficulties in a weaker, "westernizing" Chinese market that obscured a stronger performance at home in Europe.
PSA's first-half car sales fell 0.2 percent as a weaker Chinese market offset a stronger performance in Europe. The automaker also cautioned that the European market will likely see a slight decline following the UK's Brexit vote.
The European Commission has now approved the sale of Faurecia Automotive Exteriors to Plastic Omnium, subject to a commitment from Plastic Omnium to divest all of the bumper business in France and a site in Spain as well as the front end module business in Germany.
With 953,200 units delivered, Audi increased its half year sales 5.6%, growing in all regions, especially in Europe. Sales in that region increased by 8.4% since the beginning of the year, topping 450,000 cars for the first time.
Daimler said earnings rose 5.6 percent in the second quarter as deliveries at its Mercedes unit soared even as the company set aside money for airbag recalls and legal charges.
News
12 Jul, 2016
Lotus introduce limited run Evora 400 designed by fans to help celebrate the 50th anniversary of their Hethel HQ
Jaguar Land Rover has announced a range of innovative research technologies that would allow a future autonomous car to drive itself over any surface or terrain.
The Romanian government is currently in talks with two large companies active in the automotive sector to get them to invest in Romania, economy minister Costin Borc has said.
Despite an influx of new headlight technologies in recent years, most small crossovers do a lousy job of illuminating the road ahead, according to a new set of evaluations released today by the Insurance Institute for Highway Safety.
Chevrolet India highlighted the kind act of a good Samaritan in this week's top campaign.
General Motors and ride-hailing company Lyft Inc. said on Monday they would expand their short-term rental program to California and Colorado, building on an effort that GM President Dan Ammann said has "dramatically exceeded expectations."
Gualberto Ranieri, the senior vice president for communications for Fiat Chrysler Automobiles' subsidiary, FCA US, has returned to Italy, exactly seven years after arriving to work for the former Fiat S.p.A. in the US.
News
12 Jul, 2016
The self-driving Land Rover draws nearer as JLR announces development of autonomous off-road driving
Daimler AG has hired a former Citroen executive to run a new department focused on technology sales and marketing as the automaker looks to beef up its digital presence at Mercedes-Benz.
Significant growth in China's cities is likely to come through second and third tier centres as the country swiftly looks to become a 30m vehicle market in the next few years.