Peugeot's parent posts record half yearly profit of $1.46 bn
French carmaker Peugeot's parent PSA Group posted a record profit of $1.46 billion (around â¹9,400 crore) for the first half of 2017, a 3.6% increase as against the same period in 2016. It's revenue also increased by 5% to nearly $34 billion. The record profit came despite a weaker first half vehicle sales in Europe and a slowdown in China.