PSA’s H1 release came in above all expectations, showing evidence of the group’s efforts to improve efficiency and reduce its break-even point, and allowing it to absorb external shocks better and book a positive net result. With a solid rebound coming into view for H2, PSA stands on a solid base as it advances on the PSA-FCA merger project. The announcement on the development of a new EV platform (eVPM) for 2023 stands as a good omen for an electric future.
29 Jul 2020
H1: PSA delivered on profitability; new EV platform shows promise
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H1: PSA delivered on profitability; new EV platform shows promise
- Published:
29 Jul 2020 -
Author:
Jorge Velandia -
Pages:
3
PSA’s H1 release came in above all expectations, showing evidence of the group’s efforts to improve efficiency and reduce its break-even point, and allowing it to absorb external shocks better and book a positive net result. With a solid rebound coming into view for H2, PSA stands on a solid base as it advances on the PSA-FCA merger project. The announcement on the development of a new EV platform (eVPM) for 2023 stands as a good omen for an electric future.