PSA

After ending its long downturn, Europe sees positive signs in 2015

12:01 am U.S. ET | Feb. 2, 2015

Europe's six-year sales slump finally ended in 2014 as more than 80 percent of the brands competing in the region reported a year-on-year increase.... Read More »

ANE's February e-magazine goes live Monday

Jan. 30, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 2. This month's edition looks at Europe's big 2014 sales winners and explains why 2015 is off to a positive start.... Read More »

PSA winds down hybrid air fuel-saving project, still seeks partner to share costs

Jan. 22, 2015 12:45 CET

PSA/Peugeot-Citroen said it will continue development of its Hybrid Air technology to reduce fuel use, despite reports in the French press that the project almost certainly will not see commercialization.... Read More »

PSA sales rise 4% on China surge, Europe rebound

Jan. 14, 2015 09:50 CET

PSA/Peugeot-Citroen's deliveries rose for the first time in four years in 2014 as the automaker benefited from a surge in China and recovering demand in Europe.... Read More »

PSA's China sales boom may mark industry shift in favor of mass-market carmakers

Jan. 14, 2015 11:45 CET

PSA/Peugeot-Citroen's 32 percent increase in China vehicle sales last year, almost double the 17 percent BMW achieved, may mark an industry shift in favor of mass-market carmakers over premium brands in a cooling market.... Read More »

PSA will move out of Paris headquarters

Jan. 7, 2015 14:26 CET

PSA will move out of its Paris headquarters in 2017 to a location in the city's suburbs as part of a cost-cutting drive under its new part-Chinese ownership structure.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for January

Jan. 7, 2015 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 why Jaguar expects 2015 to be a record-breaking year.... Read More »

Renault works on Citroen C4 Cactus rival

Dec. 19, 2014 14:47 CET

Renault is developing an affordable small car that could preview a future rival to the Citroen C4 Cactus.... Read More »

Toyota-PSA Czech JV plant cuts 2015 production target

Dec. 17, 2014 13:47 CET

Czech car factory TPCA, a joint venture of Toyota and PSA/Peugeot-Citroen, cut its 2015 production outlook by 10 percent to 220,000 vehicles.... Read More »

PSA may move Paris headquarters, report says

Dec. 17, 2014 15:01 CET

PSA/Peugeot-Citroen is considering shifting its headquarters away from the center of Paris as a cost-cutting push impacts executive ranks, Bloomberg reported.... Read More »

PSA will invest 150 million euros in French plant

Dec. 11, 2014 12:05 CET

PSA has agreed to invest 150 million euros ($187 million) over the next three years to add models such as upscale compact car at its plant in Poissy, France, unions said.... Read More »

Volkswagen said to plan car production in Nigeria

Dec. 9, 2014 18:54 CET

VW plans to start assembling cars in Nigeria, joining PSA/Peugeot-Citroen and Nissan, which build cars in the country. Nigeria is Africa's most populous nation and is emerging as a key growth driver for the continent.... Read More »

PSA signs deal to boost production in Kazakhstan

Dec. 5, 2014 15:56 CET

PSA and AllurGroup have signed an agreement to start complete knockdown production of the Peugeot 301 in Kazakhstan. The Kazakh auto market is expected to reach 200,000 units next year, more than tripling from 45,000 units in 2011.... Read More »

Dongfeng faces corruption probe from Chinese authorities

Dec. 1, 2014 14:05 CET

Chinese authorities are investigating state-owned automaker Dongfeng Motor for possible corruption. Dongfeng is a local partner of PSA/Peugeot-Citroen and earlier this year bought a 14 percent stake in the French automaker.... Read More »

PSA launches 4th Chinese-built SUV

Nov. 25, 2014 10:48 CET

PSA has launched its fourth Chinese-built SUV, the Citroen C3-XR, in the world's biggest auto market. PSA's other locally produced SUVs are the Peugeot 2008, Peugeot 3008 and DS6.... Read More »

Dongfeng-PSA to sell imported vehicles in China next year

Nov. 19, 2014 06:01 CET

Dongfeng Peugeot Citroen Automobile, PSA's joint venture with Dongfeng Motor, will take over the vehicle import business currently run by the French automaker's Asia office. The move integrates PSA's vehicle distribution channels in China.... Read More »

PSA plans to cut 3,450 French jobs in 2015, report says

Nov. 19, 2014 17:27 CET

PSA/Peugeot-Citroen is preparing to cut another 3,450 French jobs next year, sources said, as the troubled carmaker pursues a recovery plan under new CEO Carlos Tavares.... Read More »

PSA moves Xavier Peugeot to Citroen, names new Peugeot product chief

Nov. 14, 2014 06:01 CET

PSA/Peugeot-Citroen named Xavier Peugeot as product planning chief of Citroen. He moves to the role from head of product planning for the Peugeot brand and is tasked with helping Citroen to achieve a coherent product range.... Read More »

PSA may take low-cost step with Moroccan outsourcing

Nov. 6, 2014 15:36 CET

PSA will open an engineering center in Morocco and may build cars in the country as part of CEO Carlos Tavares' plan to reduce costs and return the automaker to profit, sources said.... Read More »

BRUCE GAIN

BLOG: China has room for PSA's upscale DS brand

12:01 am U.S. ET | Oct. 25, 2014

PSA's upscale DS brand is on track to be successful in China because of consumer demand for French luxury goods, but it is unlikely to be a serious rival to the popular German premium brands.... Read More »

PSA's third-quarter auto revenue drops despite pricing push

Oct. 22, 2014 08:43 CET

PSA/Peugeot-Citroen's group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its manufacturing arm. The company raised its full-year car-market forecast for Europe.... Read More »

PSA will add production shifts to meet demand for Citroen C4 Cactus, report says

Oct. 21, 2014 18:21 CET

PSA/Peugeot-Citroen is adding extra production shifts at its Villaverde factory near Madrid to meet increasing demand for the new Citroen C4 Cactus, a report said.... Read More »

PSA-Dongfeng JV breaks ground for 4th China plant

Oct. 21, 2014 11:08 CET

PSA's joint venture with Dongfeng began construction of its fourth Chinese assembly plant. The factory will launch production in 2016 and will build up to 360,000 vehicles a year.... Read More »

Citroen withholds new crossover from booming segment in Europe

Oct. 21, 2014 12:17 CET

Citroen's new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model. Citroen says the C4 Cactus is a better fit in Europe for customers seeking a small SUV-styled vehicle.... Read More »

Citroen mulls production of SUV-styled C1

Oct. 14, 2014 10:36 CET

Citroen will launch a production version of the C1 Urban Ride concept if public response is favorable, the brand's CEO Linda Jackson said. The SUV-styled concept is based on the brand's C1 minicar.... Read More »

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