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.
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.
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