Volatile raw material prices pose a threat to PSA Peugeot Citroen Group’s second-half financials after contributing to a first-half decline in its automobile division’s operating profit. The auto maker recorded a total first-half operating profit of €691 million ($871 million), down 46% compared with like-2005’s margin of €1.3 billion ($1.7 billion). Automotive operations earned €227 million ($288 million), down from the €763 million ($969 million) profit recorded during the first six ...

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