Peugeot Reports First Loss in Three Years as Auto Market Plunges

Peugeot Reports First Loss in Three Years as Auto Market Plunges

Balint Porneczi/Bloomberg

The Peugeot emblem, part of the PSA Peugeot Citroen group, is seen on a window panel inside the Peugeot Sial Toulouse dealership in Toulouse, France. Peugeot’s full-year net loss amounted to 5.01 billion euros because of a 3.89 billion-euro writedown on automotive assets in the second half.