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PSA Peugeot Citroën
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PSA unions back job-cuts plan, French plant closure
PARIS (Bloomberg) -- PSA / Peugeot - Citroen has received backing from a majority ..... ongoing losses. Five of the six main PSA unions favored the proposal to cut ..... the head of the CFTC union at PSA , said on Monday. Eighteen of the …
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Auto sectors add value, but growth rate slows
… 3 4 Fiat 6.2 –9.6 –0.6 5 Nissan 5.7 –4.5 24.4 6 Ford 2.3 7.6 7.3 SV Index 1.5 7.7 44.9 7 Peugeot 0.3 –55.1 –70.7 8 Daimler AG –0.4 –5.2 25.9 9 Hyundai –1.5 –1.3 102.6 10 GM –3.5 8 …
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European execs see hope in China
… and are expected to fall in 2013. Struggling PSA Peugeot Citroen , which is losing sales and burning through cash ..... demand in the first quarter for models such as the Peugeot 3008 crossover and Citroen C4L sedan. Audi, BMW and Mercedes-Benz sold …
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Audi and Caddy target young Chinese buyers
… introduce crossovers. Global introductions of crossover concepts at the Shanghai show included the Mercedes GLA, BMW X4 and Citroen Wild Rubis. Cadillac, which sold 30,000 units in 2012, expects continued growth this year on the strength of its newly …
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Magna founder Stronach aims to reshape Austria's politics
… powertrains, electronics, vision systems and roof systems. It even builds complete cars, including the Mini Countryman, Peugeot RCZ and Mercedes-Benz SLS AMG, at the Magna Steyr contract assembly plant in Graz, Austria. Stronach's final effort …
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A modest retirement goal: Reshape Austria's politics
… powertrains, electronics, vision systems and roof systems. It even builds complete cars, including the Mini Countryman, Peugeot RCZ and Mercedes-Benz SLS AMG, at the Magna Steyr contract assembly plant in Graz, Austria. Stronach's final effort …
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Renault hopes for China plant approval by summer
… from 5,321 in 2009. Renault and French rival PSA / Peugeot - Citroen are targeting China to offset weak sales at home ..... luxury fashion brands i n the country to help them. PSA / Peugeot - Citroen predicts that China will overtake France as its …
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In Germany, incentives rise to combat falling car sales
… gate of the Paris headquarters of PSA / Peugeot - Citroen during its annual meeting on Wednesday ..... shareholders had to use a side entrance. PSA reported that first-quarter sales ..... Jean-Baptiste de Chatillon said PSA has managed to ease pressure to …
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PSA restructuring plan cleared by Paris court
… Bloomberg) -- PSA / Peugeot - Citroen can move forward ..... rejecting the suits. PSA aims to shrink its ..... the arguments of Peugeot ," Marie-Laure ..... Olivier Salmon, a PSA spokesman. PSA ..... factory builds the Citroen C3 subcompact …
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Mercedes Citan performs poorly in EuroNCAP crash test
… segment have all been tested before 2009," a Daimler spokeswoman told Automotive News Europe . While direct rivals such as the Citroen Berlingo have not been crash tested since 2009, EuroNCAP has tested a number of small minivans that are aimed at private customers …
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Will VW give new Seat boss time to succeed?
… s problem child, but none have tamed it. Volkswagen employees who criticize rival mass-market carmakers PSA / Peugeot - Citroen or Opel are easily hushed by the mention of the Seat marque, which is the only one of VW's 12 brands to continually …
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PSA names industry veteran as Citroen's deputy CEO
… France -- PSA / Peugeot - Citroen named veteran ..... differentiate Citroen from the Peugeot brand, which ..... production at PSA 's plant in ..... He rejoined PSA as group strategy ..... repositioning of the Citroen and Peugeot brands.
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VW says 2013 will be tough, eyes H2 upturn
… it to steer through the European industry gloom better than mass-market rivals such as PSA / Peugeot - Citroen , Europe's second-largest carmaker. PSA is eliminating jobs and closing a factory to end losses as the region's auto market shows …
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Valeo Q1 sales edge higher as China, N.A. demand offsets Europe weakness
… headwinds in Europe," where production declined 9 percent in the first three months of 2013. Volkswagen, Daimler, PSA / Peugeot - Citroen and Renault all reported lower first-quarter revenue on Wednesday, burdened by the slumping European car market …
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Mitsubishi pinpoints lithium ion battery glitch
… numbers but said that most of the i EVs were in Europe, where the automaker's i-MiEV is also sold at the Peugeot iOn and Citroen C-Zero. Combined European sales of the three EVs declined 52 percent to 744 units in the first quarter, according …
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PSA says Q1 revenue fell 6.5% on European slump
PARIS (Bloomberg) -- PSA / Peugeot - Citroen said first-quarter revenue fell ..... billion euros a year earlier, PSA said today on its investor Web ..... launches this year include the Peugeot 2008 crossover, the DS3 convertible …
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Why even a weak China is good news for European automakers
… and are expected to fall in 2013. Struggling PSA / Peugeot Citroen , which is losing sales and burning through ..... in the first quarter for models such as the Peugeot 3008 crossover and Citroen C4L sedan. Audi, BMW and Mercedes-Benz sold …
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Renault Captur joins crowded segment
… to the segment in Europe including the Peugeot 2008, Ford EcoSport, Chevrolet Trax ..... reach nearly 95,000 units next year. Peugeot 's upcoming 2008 will be the leader in ..... families, retirees MAIN COMPETITORS : Peugeot 2008, Opel/Vauxhall Mokka, Nissan …
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Faurecia Q1 revenue rises as N. America, Asia sales offset weak Europe
… company, 57 percent-owned by PSA / Peugeot - Citroen , plans to cut about 3,000 jobs ..... percent to 5 percent this year. PSA , which is scheduled to report first ..... was "no change" in the stance of PSA in regards to its shareholding …
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PSA lifts China sales target; growth eases Europe pain
… Bloomberg) -- PSA / Peugeot - Citroen raised its sales ..... Paris-based PSA , which sells its Peugeot and Citroen brands in China ..... that growth, PSA plans to add ..... two brands. Peugeot currently has ..... 360 stores and Citroen around 410 …
