Peugeot and Opel maker 'has enough funds' to drive through the Covid-19 crisis

PSA — which makes Peugeot, Citroen, and Opel cars — has enough funds to cope with a halving in sales this year, the French carmaker said, as it warned of a plunge in demand due to the pandemic, and said it would try to avoid tapping state aid if possible.

The Peugeot owner has shuttered plants as governments enforce lockdowns.