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Citroen
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Varin's PSA survival strategy raises tensions
PARIS (Bloomberg) -- PSA/Peugeot- Citroen CEO Philippe Varin will have to navigate two groups to ensure the survival of the struggling automaker: the Peugeot family and
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Late-arriving French automakers hope China's love for French luxury brands will lead to sales boom
Survey 2013. Renault and PSA/Peugeot- Citroen are trying to leverage the popularity ..... the fast-growing Chinese market. " Citroen , Peugeot, and Renault are all saying ..... example of this was seen in March when Citroen opened the first brand experience center
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Renault says it has no plans for Mitsubishi tie-up
electric city cars to PSA/Peugeot- Citroen but attempts to cement their alliance ..... tie-up PSA sells the Peugeot 4008 and Citroen C4 Aircross, both based on the Mitsubishi ASX, as well as the Peugeot iOn and Citroen C-Zero electric cars based on the Mitsubishi
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Faurecia is poised to deploy cost-cutting plan for Europe
Portugal and France." Faurecia is Europe's largest maker of car interiors and is 57 percent owned by PSA/Peugeot- Citroen . Delabriere said the first benefits of the cost-cutting plan will be realized in the second half. Full effects will be
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Ford joins Europe car-sharing sector as demand surges
joins rivals including PSA/Peugeot- Citroen , Daimler, Toyota and Volkswagen, all ..... Quentin-en-Yvelines region near Paris. Citroen owners can rent their vehicles to other ..... it has since been extended to Germany. Citroen is the first OEM in Europe to adopt the
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PSA denies report of share sale to raise capital
PARIS -- PSA/Peugeot- Citroen today denied a report that it is planning a capital increase to pay down debt. French newspaper La Tribune said PSA is considering
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PSA discusses new capital hike, report says
PARIS (Reuters) -- PSA/Peugeot- Citroen is considering a new capital increase after burning through 2.5 billion euros ($3.21 billion) in cash in the past year
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Germany's Continental develops navigation system for PSA in China
developed a multimedia navigation system for PSA/Peugeot- Citroen for use in China. Continental's Multimedia Radio Navigation system debuted in March in Dongfeng Peugeot Citroen Automobile Co.'s stretched C4 compact family car. Dongfeng
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Car fuel efficiency in Europe falls further below automaker claims, study says
for emissions from Toyota vehicles were found to be about 15 percent less than in real use and Renault and PSA/Peugeot- Citroen 's published data was about 16 percent lower than for vehicles on the road. "This means that the actual fuel consumption
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Ford to retain 1,000 jobs at French plant after deal
retain workers for five years. Industry Minister Arnaud Montebourg, known for having berated French carmaker PSA Peugeot Citroen in public over its plans to cut 8,000 staff, hailed the deal and said he would make sure it was enforced to the letter
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European carmakers shares decline on weakening China manufacturing
FRANKFURT (Bloomberg) -- Shares in Volkswagen, PSA/Peugeot- Citroen and Renault, Europe's three largest carmakers, all dropped 5 percent or more after preliminary data showed manufacturing in
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PSA will close randd site to reduce spending
PSA/Peugeot- Citroen will shut a French research and development facility as part of a program ..... its 2,500-employee Aulnay car-assembly plant next year when the Citroen C3 subcompact model that it builds is replaced. PSA is struggling
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French car orders fall 0.5% in April, survey says
Volkswagen fell 9 percent and 7 percent respectively, according to the survey of 34 dealership groups published on Tuesday. Citroen orders fell 12 percent, while those of General Motors Co.'s Opel unit dropped 22 percent, La Lettre Auto K7 added. The
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Dongfeng-PSA sales rise 37% in April on new models
PSA/Peugeot- Citroen 's China joint venture with Dongfeng Motor Corp ..... introduced in China this year -- the stretched Citroen C4 and the Peugeot 3008. Deliveries at Dongfeng Peugeot Citroen Automobile Co. significantly outpaced industry
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Estimated Europe registrations by make, April and YTD
885 * 261,593 10% * 1,037,411 * 1,076,061 -4% Peugeot * 65,456 * 70,784 -8% * 254,558 * 288,290 -12% Citroen * 53,459 * 61,320 -13% * 209,609 * 251,555 -17% PSA GROUP * 118,915 * 132,104 -10% * 464,167 * 539,845
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PSA workers end 4-month strike over car plant closure
PARIS (Reuters) -- Workers at a PSA/Peugeot- Citroen factory near Paris have agreed to end a four-month strike ..... under the plan, with the Aulnay plant, which builds the Citroen C3 subcompact, due to close next year as the carmaker seeks
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European car sales post 1st gain in 19 months
leader, increased 10 percent, pushed by an 9 percent gain at the premium Audi division. Sales at Paris-based PSA Peugeot Citroen , the region's second-biggest auto manufacturer, dropped 10 percent in April, easing from plunges of as much as 16 percent
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Europe car sales rise for first time in 19 months
sales at Paris-based PSA/Peugeot- Citroen , the region's second-largest carmaker, dropped 10 percent ..... 2 6.5 248,743 281,999 -11.8 CITROEN 5.0 5.9 52 ..... 1 6.4 254,558 288,290 -11.7 CITROEN 4.9 5.8 53,459 61
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Russian car sales down 8% in April
Suzuki 8954 10717 -16% 2921 3955 -26% Citroen * 8619 10743 -20% 2672 3056 -13% Honda ..... 9 2,8 7183 7588 -5% PSA PEUGEOT CITROEN 2,3 2,9 20226 25196 -20% 2,4 2 ..... 14453 -20% 1,3 1,5 3300 3918 -16% CITROEN 1,0 1,2 8619 10743 -20% 1,1 1
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Musk's magic touch on Wall St.
stock market value at the end of last week exceeded Fiat's $7.8 billion and was about three times that of PSA Peugeot Citroen , the French automaker that has been around for 125 years. This for a 10-year-old company that has sold fewer than 10