PSA Peugeot Citroen sold a record 3.6m vehicles globally last year, despite the continued battle with the effects of the economic crisis.

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This was up from 3.2m vehicles in 2009 and chief executive Philippe Varin told reporters that the economic climate was “better than expected”.

PSA was able to sustain sales in many markets thanks to government subsidies which rewarded car buyers for purchasing smaller, more economical vehicles.

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