Global sales of French carmaker PSA up

Paris

FRENCH carmaker PSA Group said global vehicle deliveries rose by 5.8 per cent last year, propelled by strong sales of its Peugeot brand in Iran and the continuation of the European car market's recovery.

The manufacturer, Europe's second biggest carmaker after Volkswagen, has pledged to drive sales in emerging markets to reduce its reliance on its home region, while reshuffling its three brands to focus on more profitable models.