PSA first half sales flat on Asian sag

French carmaker PSA on Tuesday unveiled global sales that were stable in the first half of the year over the same period in 2015, as Europe came to the rescue to offset a slide in China.
Sales in China and Southeast Asia slumped 19.4 percent to 296,507 units. But European sales rose 7.4 percent to 1,055,875 and should come in "around the two million mark" by year end, beating 1.8 million last year, European director Denis Martin said. Overall, first half sales totalled 1.54 million units for a slight 0.2 percent year-on-year sag.