French carmaker PSA, which owns the Peugeot and Citroen brands, said Thursday net profits for 2016 nearly doubled with the group saying it would pay shareholder dividends for the first time since 2011.
The results, which showed net profit rising 79 percent to 2.15 billion euros ($2.27 billion), comes as the automaker is locked in talks over a planned takeover of General Motors' European brands Opel and Vauxhall.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©