Automotive Monitoring

Carlos Tavares hails turnround and vows global push with return to US PSA Peugeot Citroën plans to re-enter the US market after more than two decades’ absence as part of an ambitious global push to move away from its overreliance on Europe. The French carmaker, whose turnround under chief executive Carlos Tavares brought it back from the brink of disaster, on Tuesday unveiled a six-year plan to boost profits and margins. The company will launch in India with a partnership to produce cars locally…