Hollande Strives to Overcome French Death Valley in Technology

Hollande Strives to Overcome French Death Valley in Technology

Balint Porneczi/Bloomberg

PSA Peugeot Citroen SA's distinction as the country’s most innovative company - topping the list of patents for the last five years with everything from “hybrid air” engine technology to “magicwash” for cleaner windshields - did little to prevent it from posting a record 5 billion-euro loss last year.