Peugeot maker PSA makes profit despite pandemic sales slide

Peugeot maker PSA makes profit despite pandemic sales slide
France Earns PSA Group

The maker of Peugeot and Citroen cars, PSA Group, has said it made a profit in the first six months of the year even as the coronavirus pandemic caused a deep drop in sales.

The French company, which is in the process of merging with Fiat Chrysler Automobiles, said its first-half profits fell to 595 million euro (£541 million) from 1.83 billion euro a year earlier as sales dropped by 35%, to 25.1 billion euro.

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