France Earns Peugeot Citroen

February 13, 2013 - 12:30 PM
PSA Peugeot Citroen Chief Executive Philippe Varin delivers his speech during a news conference in Paris Wednesday, Feb. 13, 2013. The Paris-based company posted a record 5 billion Euros ($6.7 billion) loss last year after Europe's cratering car market forced France's largest automaker to book a 3 billion Euros financial charge. (AP Photo/Francois Mori)