French auto giant Peugeot Citroen (PSA)

French auto giant Peugeot Citroen (PSA) said Thursday its China sales plummeted by nearly 50 percent in the first half of 2017, but global revenues were slightly higher following a resumption of production in Iran.

Between January and June, PSA's sales in China fell by 48.6 percent while in Europe, its main market, turnover was down 1.9 percent. 

source: AFP