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PSA Group will offer full-electric versions of its Peugeot Boxer and Citroen Jumper medium vans as it completes plans to electrify its range of light-commercial vehicles.
The French investigation into alleged emissions cheating by PSA Group found that suspect software had been used on almost 2 million vehicles sold by the automaker, Le Monde reported.
PSA Group said first-half sales dipped in Europe and continued to plunge in China, although the carmaker’s return to the Iranian market kept its global numbers in positive territory, with a 2.3 percent overall sales gain.
PSA Group’s first-quarter revenue rose 4.9 percent as the automaker launched new models, raised prices and sold more auto components.
The new Peugeot Training Center in Vysocany, Prague, hosted the national press release of 5008 model this week. Country manager Olivier Parry talked about the business plans.
PSA Group needs more drastic cost cuts and new SUVs to reverse a slump in sales in China, CEO Carlos Tavares said.
CEO Carlos Tavares is exploring an acquisition of General Motors’ European operations, a step that would vault the builder of Peugeot and Citroen cars past Renault into the No. 2 spot among the region’s automakers, behind Volkswagen Group.
PSA Group said global vehicle deliveries rose by 5.8 percent last year, propelled by the continuation of the European auto market’s recovery and strong sales of its Peugeot brand in Iran.
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