By on February 9, 2011

Remember when carmakers could only survive on government-issued life support? No more. Results season is upon us, and one by one, carmakers surprise with fat profits. Today: France’s PSA. After showing a loss of  €1.161 billion ($ 1.583 billion) in 2009, PSA turned the tables and produced a gain of €1.134 billion ($ 1.546 billion) for 2010. PSA is relatively weak in China, but their 50 percent share from the China joint venture added €159 million to the profits.

Get the latest TTAC e-Newsletter!

2 Comments on “PSA Out Of The Reds...”


Read all comments

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • BSttac: The days of insurance companies giving drivers discounts for having a GPS unit in there car are over. Now...
  • BSttac: Definitely more excited for the new Z. Hell it might even cost less than the new Type R with the way Honda is...
  • MRF 95 T-Bird: When I would ride in my fathers 54 Bel Aire and 62 Impala the tube radio would take a few minutes or...
  • MitchConner: Chrysler really steered Imperial into the toilet during this time. To me that’s just a rebadged Fury....
  • EBFlex: ” It’s not just random chance that our formerly idyllic summers are now hellscapes of 108-degree...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber