PSA

Renault, PSA commit to raise orders from troubled supplier

May 21, 2017 06:01 CET

Renault and PSA have committed to increasing their orders from ailing components-maker GM&S Industry after their CEOs spoke with French Economy Minister Bruno Le Maire, his ministry said.... Read More »

ALWAYS ON TRACK

Carlos Tavares stays on track

12:01 am U.S. ET | May 20, 2017

For PSA CEO Carlos Tavares, racing is perhaps more natural than running a global car company with annual revenues of $59 billion.... Read More »

Opel bears fruit for PSA in Aisin gearbox talks

May 17, 2017 16:09 CET

PSA is in talks to build Toyota-owned supplier Aisin's automatic gearboxes at one of its own plants, sources told Reuters, in what would be an early reward for the French automaker's purchase of Opel from GM.... Read More »

French automakers push into Iran as rivals fear possible Trump sanctions

May 16, 2017 11:58 CET

PSA and Renault are turning their U.S. absence into an advantage in Iran by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration.... Read More »

PSA's DS brand gets presidential boost

May 15, 2017 11:24 CET

PSA's upscale DS brand got a boost after its latest model, the DS 7 Crossback, was chosen as the official vehicle for ceremonial duties during the inauguration of new French President Emmanuel Macron.... Read More »

PSA's Tavares reassures shareholders over Opel buy

May 12, 2017 09:50 CET

PSA CEO Carlos Tavares reassured shareholders over the acquisition of Opel from GM, saying that the purchase will boost PSA's European sales by 50 percent and vault the automaker "far ahead" of its French rival Renault.... Read More »

PSA wins tax break to expand Slovakia factory

May 10, 2017 14:38 CET

PSA won a tax break worth 19 million euros ($20.66 million) from Slovakia as part of the automaker's plans to expand its factory in the country. PSA makes the Citroen C3 Picasso and Peugeot 208 in Trnava.... Read More »

PSA's Tavares sees Opel racking up more losses in 2017

May 10, 2017 11:55 CET

PSA CEO Carlos Tavares expects Opel to lose more money this year as the French carmaker acquires the business from General Motors. However, the brand is recovering, Tavares said, highlighting growth in vehicle sales.... Read More »

VIDEO: First Shift: Macron victory a win for PSA, Renault?

8:30 am U.S. ET | May 8, 2017

Macron victory a win for PSA, Renault?; Tesla recruits engineers in Mexico; Most AutoNation salespeople choose salary over commission; Nissan Murano brake probe; Toyota opens door to edgier ads.... Read More »

FRENCH ELECTION

Le Pen victory could hurt Renault, PSA

May 5, 2017 09:46 CET

France's presidential election could have repercussions for Renault and PSA. Front-runner Emmanuel Macron has battled with Carlos Ghosn over state influence at Renault, while his rival Marine Le Pen's protectionist policies could impact PSA's efforts to turn around Germany's Opel.... Read More »

PSA partners with U.S. tech firm for autonomous car tests in Singapore

May 3, 2017 09:42 CET

PSA is partnering with a U.S. tech firm to test autonomous cars in Singapore. NuTonomy's software, sensors and computing platforms will be installed in Peugeot 3008 models as part of plans to test the technology needed for level 5 capability.... Read More »

Citroen will have new-generation EV in 2020

May 2, 2017 14:13 CET

Citroen will launch its first long-range EV in 2020 developed with parent PSA's e-CMP electric architecture. The automaker plans to offer battery-driven variants of models that are also available with combustion engines, rather than standalone EVs.... Read More »

Opel will build new Corsa with PSA technology

May 1, 2017 14:00 CET

Opel will use PSA's technology in the next generation of its Corsa. Opel had previously said the Corsa, slated to be launched in 2019, would be built with GM technology.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Check out the ANE monthly magazine for May

May 1, 2017 06:01 CET

The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at how Seat ended more than a decade of losses and why it expects to become a reliable moneymaker for parent VW Group.... Read More »

Peugeot said to fire top German execs after sales promotion was too popular

April 28, 2017 12:07 CET

PSA fired three of its top managers in Germany after a sales campaign led to thousands of Peugeot 208 cars being sold at more than 40 percent off their list price, according to a report.... Read More »

ANE's May issue goes live Monday

April 28, 2017 06:01 CET

The latest issue of the Automotive News Europe monthly magazine goes live on Monday, May 1. The new edition looks at how Seat ended more than a decade of losses and why it expects to become a reliable moneymaker for parent VW Group.... Read More »

PSA's tough double: Fixing China slump while also absorbing Opel

April 27, 2017 10:56 CET

PSA CEO Carlos Tavares already has a big job ahead of him as he focuses on integrating the operations of Opel/Vauxhall into the French automaker. Now he has another worry: fixing PSA's retail network in China.... Read More »

PSA first-quarter revenue rose 5% on new models, higher pricing

April 26, 2017 07:53 CET

PSA's first-quarter revenue rose nearly 5 percent, boosted by new models such as the Citroen C3 and Peugeot 3008. The company said its joint vehicle programs with Opel would help to lift its second-half revenue.... Read More »

French prosecutors open formal probe into PSA emissions

April 24, 2017 19:32 CET

French prosecutors have opened a formal investigation into suspected emissions test-cheating by PSA. Three judges have been assigned to lead the investigation into alleged consumer fraud offenses. PSA strongly denied any wrongdoing.... Read More »

PSA needs deeper cuts, SUVs to halt Chinese sales slide

April 18, 2017 20:59 CET

PSA needs more drastic cost cuts and new SUVs to reverse a slump in sales in China, CEO Carlos Tavares said. Competition has intensified in China as rival western brands and their local manufacturing partners slash prices, Tavares said at the Shanghai auto show,... Read More »

2017 SHANGHAI AUTO SHOW

Citroen unveils rival to Renault Kadjar, Ford Kuga

April 18, 2017 09:37 CET

After years of focusing on minivans, Citroen is jumping into the lucrative and growing SUV/crossover segment with the C5 Aircross, which will compete with models such as the Renault Kadjar and Ford Kuga.... Read More »

LUCA CIFERRI

Could Tavares cut one of PSA's brands?

12:01 am U.S. ET | April 17, 2017

How will PSA Group CEO Carlos Tavares manage to streamline his enlarged brand portfolio now that Citroen, Peugeot and Opel/Vauxhall all compete in Europe's saturated volume car market?... Read More »

2017 SHANGHAI AUTO SHOW

Citroen expands crossover offensive with C5 Aircross

April 13, 2017 09:58 CET

Citroen aims to capture more sales in the booming SUV/crossover segment in Europe and China with the C5 Aircross, which will go on sale in China in the second half and in Europe at the end of next year.... Read More »

Tavares entrusts PSA's U.S. return to an ally

12:01 am U.S. ET | April 10, 2017

Carlos Tavares, fresh from his acquisition of Opel/Vauxhall, is moving ahead on his vow to put PSA back into the U.S. market. But Larry Dominique, named to head the return, says the company won't rush.... Read More »

PSA's upscale brand DS first to get self-driving tech

April 9, 2017 06:01 CET

PSA has offered details of its timetable for introducing autonomous driving, starting early next year with features including self-parking available on the new DS 7 Crossback.... Read More »

 
How Renault plans to keep the Captur ahead of rivals

Peter Sigal
12:01 am U.S. ET | May 19 2017

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Renault hopes to keep the Captur as Europe's top-selling subcompact SUV by giving it an upgraded int ...
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After attracting top suppliers, Macedonia eyes bigger prize

Douglas A. Bolduc
12:01 am U.S. ET | May 10 2017

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Macedonia has spent the last decade establishing itself as open for business to global automotive suppliers such as Delphi, Adient and Lear, but is it ready to become home to. ...
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Why VW brand's plunging revenue is good news

Christiaan Hetzner
7:14 am U.S. ET | May 3 2017

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One aspect of VW Group's first-quarter report is the plunge in revenue at its core brand. ...
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VW has no compelling reason to sell Ducati


4:33 am U.S. ET | May 2 2017

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Volkswagen's 747-million-euro acquisition of Ducati might not have been based on any industrial logi ...
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China's bigger families are good news for minivan sales

Luca Ciferri
12:01 am U.S. ET | April 28 2017

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China's scrapping of its one-child per family policy has created an unexpected increase in minivan s ...
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Volvo exec says risk factor for XC60 exceeds XC90

Douglas A. Bolduc
5:09 am U.S. ET | April 27 2017

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Volvo's r&d boss says the new XC60 is even more of a high-risk model than the second-generation XC90 ...
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Germany's auto industry welcomes prospect of Macron presidency in France

Christiaan Hetzner
8:34 am U.S. ET | April 24 2017

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Sunday's election outcome in France, in which a moderate Europhile investment banker won the first r ...
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China lands Chevy Volt in a Buick wrapper

Jay Ramey
8:14 am U.S. ET | April 20 2017 UPDATED: 4/20/17 2:27 pm ET - adds details

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Buick offers far more models in China than it does in the U.S. ...
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Tavares' tall task for PSA and Opel: brand management

Luca Ciferri
12:01 am U.S. ET | April 7 2017

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The buzz at last month's Geneva auto show was what would PSA CEO Carlos Tavares do to streamline his enlarged stable of brands, given that Citroen, Peugeot and new addition... ...
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After record high, UK's 'treasure island' status is set to end

Nick Gibbs
4:32 am U.S. ET | April 6 2017

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After March new-car registrations hit an all-time high in the UK, analysts predict an end to the market's long run as a "treasure island" for profits. ...
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Newsletters & Alerts
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European sales fall 7% on VW, British slump
Passenger car registrations fell 7 percent in Europe in April on fewer selling days and a big slump ...
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VW, Kia, Renault benefit as Russia sales rise 7%
New-car sales in Russia rose 7 percent last month as the market's rebound gathered momentum after fo ...
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Spanish sales rise on Easter tourism boost
New-car registrations in Spain rose 1.1 percent in April, boosted by holiday rental sales. VW's Seat ...
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Premium brands gain ground as UK sales plunge 20%
UK new-car registrations slumped 20 percent in April, the biggest year-on-year drop for over six yea ...
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German sales fall 8% as diesel share declines
German new-car registrations fell 8 percent in April as buyers turned away from diesel cars and fewe ...
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Renault, Skoda and Citroen among winners as Italy sales fall 5%
New-car registrations in Italy fell 4.6 percent last month with most major automakers losing volume ...
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Renault, PSA suffer as French sales decline 6%
French registrations fell 6 percent in April on two fewer selling days. ...
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FCA, Ford and Renault gain share as European sales rise 11%
European sales rose 11 percent in March as automakers took advantage of a solid economy and more sel ...
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VW brand sales rose 2.5% in March but are down for first quarter
Volkswagen brand's global sales rose 2.5 percent in March but slid 1. ...
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Lada, Kia and Renault see big gains as Russia sales rise nearly 10%
New-car sales in Russia rose 9.4 percent last month as the market's rebound begins to gain momentum. ...
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Europe's compact minivan sales forecast to see steady decline
Europe's compact minivan segment is forecast to continually decline until 2020 because of rising dem ...
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Europe's small SUV sales forecast to top 2 million next year
Europe's small SUV/crossover segment is forecast to continue its rapid growth as models from latecom ...
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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BMW adds 2 execs to North American leadership
BMW's new North America chief has appointed two lieutenants to help him as he works to revive the au ...
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VW names U.S. compliance officer after diesel scandal
Volkswagen's U.S. unit named a KPMG director, Stephanie Davis, as its chief compliance officer after the automaker was sentenced in April in its diesel-emissions scandal. ...
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Continental names new head of China operations
Continental appointed Enno Tang, who runs the German supplier's chassis and safety business in China ...
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BMW i subbrand exec to join energy group Innogy
German energy group Innogy has recruited Stefan von Dobschuetz, a key executive from BMW Group's i s ...
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Mini USA appoints new heads of sales and marketing
Mini USA has appointed new heads of both sales and marketing. ...
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VW names new communications, logistics chiefs for North America
Volkswagen Group of America has promoted two executives to top positions running the company's commu ...
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Ex-Ferrari exec Lanzone hired by autonomous car start-up Zoox
Autonomous vehicle startup Zoox said Corrado Lanzone, former operations director of Ferrari's racing division, has joined the company as its vice president of manufacturing... ...
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Former GM chief Wagoner joins ChargePoint board
Former GM chief Rick Wagoner, who introduced the Chevrolet Volt plug-in hybrid during his last year ...
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Bentley Americas chief Winkler to step down
Bentley's Americas chief Michael Winkler will step down from his post on June 1. Mark Del Rosso, Aud ...
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Volvo recruits former BMW, GM exec to lead procurement
Volvo has lured former BMW and General Motors purchasing executive Martina Buchhauser to take a newl ...
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Softer Land Rover Discovery keeps its go-anywhere skills
Land Rover is determined to demonstrate that even though the fifth generation of the Discovery has b ...
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Honda counts on new Civic for boost in Europe
Honda's latest Civic benefited from the largest development program for a single model in the compan ...
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Mercedes makes E-class coupe more practical
Mercedes is repositioning its E-class coupe to offer more room and more functionality, promoting the ...
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Kia gives Rio better tech to challenge European rivals
Kia has added driver assistance systems not typical in small cars as well as upgraded connectivity i ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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