India, Oct. 23 -- Groupe PSA (PEUGF.PK), the owner of Peugeot and Opel brands, reported Wednesday that its third-quarter revenue increased 1 percent to 15.58 billion euros from last year's 15.43 billion euros.
Automotive division revenue amounted to 11.82 billion euros, up 0.1 percent from last year. The company noted that a strong product mix as well as positive price conditions more than offset the decrease of sales to partners, the negative impact of exchange rates including hyperinflation in Argentina as well as volumes and country mix.
The company sold 674,000 cars in the world in the quarter.
Faurecia revenue was up 4.3 percent at 4.19 billion euros.
Looking ahead, Groupe PSA continues to expect to deliver over 4.5 percent Automot...