PARIS – PSA Peugeot Citroen enjoyed a successful recovery in 2010, winning back almost everything lost in 2009. Net profits totaled €1.13 billion ($1.5 billion), the equivalent of €5 ($6.90) per share, contrasting with a loss of €5.12 ($7.02) a share in 2009. At a press conference announcing the results, CEO Philippe Varin promises 2011 will be even better as the auto maker continues to push its international growth, including plans to build a factory for a midsize sedan in India. ...
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