PSA has recorded 2019 total consolidated world sales down 10% to 3.49m vehicles.

“In all regions, our teams are driven by a strong commitment to performance, profitable sales and customer satisfaction in a highly changing environment,” said PSA chairman, Carlos Tavares.

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“This commitment is supported by our Group’s core model and core technology strategies and, in the long term, feeds our ambition to provide clean, safe and affordable solutions for people and goods, to counter the global warming effect.”

PSA has already launched ten new plug-in hybrid or all-electric models, in line with its roadmap to offer a 100% electrified range from 2025, of which 50% will be electrified by the end of 2021 with 13 additional electrified models.

Since 2019, all new models launched by Groupe PSA come with either an all-electric or a plug-in hybrid powertrain.