PSA

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA, Honda have factories at risk of closure, analysts say

June 10, 2014 06:01 CET
A number of car factories are at risk of closure because of overcapacity in the European auto industry. PSA's factory in Rennes, France, and Honda's plant in Gebze, Turkey, are highest on the list, according researchers.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA's Bonnefont shares strategy for making DS a worldwide winner

June 9, 2014 06:01 CET
Yves Bonnefont became the first CEO of PSA's upscale DS brand on June 1. The group's former director of strategy is now tasked with elevating DS from a tiny-but-successful division of Citroen to a global powerhouse.... Read More »

 

PSA will defend position as No. 2 carmaker in Europe, Tavares says

12:01 am U.S. ET | June 9, 2014
PSA Peugeot Citroen will defend its position as Europe's No. 2 carmaker after Volkswagen Group, CEO Carlos Tavares said at last week's Automotive News Europe Congress. "We want to keep a strong No. 2 position in Europe."... Read More »

 

2014 AUTOMOTIVE NEWS EUROPE CONGRESS

PSA will defend its position as Europe's No. 2 carmaker, Tavares says

June 5, 2014 11:01 CET
PSA aims to maintain its No. 2 position in Europe after VW Group, CEO Carlos Tavares said at the Automotive News Europe Congress. But to ensure that, the CEO must bring the automaker back to profit after years of losses.... Read More »

 

Check out the ANE e-magazine for June

June 2, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at Renault-Nissan CEO Carlos Ghosn's plan catch industry leaders Toyota, VW and GM.... Read More »

 

BRUCE GAIN

How PSA's DS division aims to sell French chic worldwide

12:01 am U.S. ET | May 29, 2014
PSA's Paris dealership dedicated to the upscale DS brand is much like a high-end French restaurant: cozy, understated but chic. PSA plans to replicate these traits around the world.... Read More »

 

Citroen C4 Cactus brings Madrid factory back to life

May 23, 2014 06:01 CET
PSA's Madrid factory was facing closure two years ago, but now the plant has a brighter future thanks to the C4 Cactus, which Citroen began producing there in April.... Read More »

 

PSA to move Citroen C3 output to Slovakia from France, sources say

May 22, 2014 14:58 CET
PSA will build its next C3 subcompact in Slovakia instead of France, sources close to the carmaker said. The move is part of a strategy to shift production of low-margin small cars away from western Europe, where costs are considered too high.... Read More »

 

PSA completes share sale to raise funds for turnaround

May 22, 2014 10:59 CET
PSA has completed the sale of 289 million new shares as part of a 3 billion euro ($4.1 billion) capital increase to help the carmaker finance a turnaround under new CEO Carlos Tavares.... Read More »

 

PSA to review Mitsubishi electric-vehicle partnership

May 21, 2014 12:25 CET
PSA/Peugeot-Citroen CEO Carlos Tavares said the carmaker will decide in the next 12 months whether to continue working on electric vehicles with Mitsubishi Motors.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Peugeot's crossover fighter

May 21, 2014 06:01 CET
Peugeot has high hopes for the new 308 SW despite many customers deserting compact station wagons for SUV-styled crossovers.... Read More »

 

Ex-Renault marketing boss Norman joins PSA

May 20, 2014 06:01 CET
PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president of group marketing coordination to help implement his Back in the Race turnaround plan.... Read More »

 

PSA taps Renault's former China chief to head DS brand in Asia

May 20, 2014 10:53 CET
PSA has hired Renault's former China chief, Chen Guozhang, to oversee its upscale DS brand in Asia, a Chinese newspaper reported.... Read More »

 

Yes, she's a woman, but she's also a Rover survivor

12:01 am U.S. ET | May 19, 2014
Yes, new head of PSA Peugeot Citroen's Citroen division Linda Jackson is a groundbreaking female executive, but European industry watchers seemed just as intrigued by the fact that she is another top global executive to emerge from the ashes of Britain's Rover Group.... Read More »

 

PSA's China joint venture recalls Peugeot and Citroen cars to fix defective valves

May 16, 2014 11:31 CET
Dongfeng Peugeot Citroen Automobile will recall 162,913 cars due to defective valves that could potentially lead to fuel leaks.... Read More »

 

Peugeot family says it will remain influential in PSA

May 15, 2014 09:04 CET
The Peugeot family will remain influential in PSA/Peugeot-Citroen after China's Dongfeng and the French state took stakes in the automaker, Robert Peugeot, head of the FFP family holding company, said.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Citroen designer on how PSA, Toyota made JV minicars more distinctive

May 9, 2014 06:01 CET
When the first generations of the Citroen C1, Peugeot 107 and Toyota Aygo sibling minicars looked too similar, the automakers avoided discussing the designs of the second-generation cars to prevent that from happening again.... Read More »

 

NICK GIBBS

Citroen's incoming CEO worked wonders in the UK

12:01 am U.S. ET | May 9, 2014
Incoming Citroen CEO Linda Jackson has proved herself in the UK by reducing image-harming discounts and boosting morale.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO Tavares targets VW as he scraps unprofitable cars, upgrades DS subbrand

May 8, 2014 06:15 CET
PSA's Carlos Tavares is aiming the company's Peugeot brand directly at Volkswagen Group's core VW unit as the CEO seeks to transform Peugeot into an upmarket volume manufacturer as part of a wider turnaround plan at the struggling French automaker.... Read More »

 

PSA names new chiefs for Citroen and DS brands

May 7, 2014 12:02 CET
Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy director Yves Bonnefont, who is Citroen's deputy head, will lead the upscale DS line as it becomes a stand-alone unit.... Read More »

 

LUCA CIFERRI

Marchionne asks for 3 more years of patience

8:22 am U.S. ET | May 7, 2014
Fiat Chrysler CEO Sergio Marchionne's new five-year plan for the automaker won't start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout.... Read More »

 

LUCA CIFERRI

Marchionne asks for 3 more years of patience

8:22 am U.S. ET | May 7, 2014
Fiat Chrysler CEO Sergio Marchionne's new five-year plan for the automaker won't start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout.... Read More »

 

Auto recovery takes firmer hold in France

May 2, 2014 09:57 CET
Renault led a 6 percent gain in French new-car sales in April as the European auto market recovery took a firmer hold in the region's third-biggest market.... Read More »

 

Peugeot sales set to rise fast in China

May 2, 2014 06:01 CET
PSA expects sales of its Peugeot brand in China to rise at more than twice the rate of the market this year, pushing China pass France as the automaker's largest single market.... Read More »

 

DOUGLAS A. BOLDUC

Audi TT, minicars on the rise

12:01 am U.S. ET | May 1, 2014
The Audi TT, Renault Twingo and Peugeot 108 were big Web winners during the first quarter because of their debuts at the Geneva auto show. The quarter's top performers, however, were the Volkswagen Golf and Land Rover's Range Rover.... Read More »

 

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