Peugeot Citroen said sales in China surged by almost half in the third quarter, keeping the French auto group on the road to meet annual targets under its turnaround plan.
The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
The board of struggling French carmaker PSA Peugeot Citroen has in principle approved capital boosts by the French state and its Chinese partner Dongfeng.