It's fine. Of course COVID-19 struck hard. PSA sacrificed a lot for sales while FCA took the hit with FY margins but already in Q4 it was at excellent level.
It seems that PSA is late with P2 MHEV tech for their FWD cars. Chinese e-DCT (fake DCT because of single clutch) is at the heart of it.
FCA will start production of P2 MHEV cars on Small Wide platform late this year. 1.5 turbo engine and Magna/Getrag wet DCT are at the heart of it.