PSA

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 »

 

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 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

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 »

 

British automakers, in foreign hands, overtake France

11:36 am U.S. ET | Oct. 11, 2014
Britain last year produced more cars than France for the first time in decades. And in a dramatic turnabout, the value of British car exports has doubled in the past 10 year.... Read More »

 

PSA launches DS compact crossover in China

Oct. 10, 2014 06:01 CET
PSA/Peugeot-Citroen launched sales of its China-built DS crossover, the DS 6WR. The crossover is the second model built exclusively for the China market after the DS5 LS.... Read More »

 

Mahindra will buy 51% stake in PSA's money-losing scooter unit

Oct. 7, 2014 10:38 CET
Mahindra & Mahindra will buy a majority stake in PSA/Peugeot-Citroen's money-losing scooter unit, giving the Indian tractor and SUV maker access to European technology.... Read More »

 

Peugeot plots U.S. re-entry under DS brand

12:01 am U.S. ET | Oct. 4, 2014
PSA Peugeot Citroen could re-enter the United States early in the next decade with its DS premium brand.... Read More »

 

PSA in engine supply talks as BMW, Ford end partnerships

Oct. 2, 2014 20:22 CET
PSA is talking to potential new clients for its engine as it foresees a surplus in supply after BMW and Ford stop using units jointly developed with the French carmaker.... Read More »

 

2014 PARIS AUTO SHOW

VW, Porsche, Lamborghini roll out plug-in hybrids

Oct. 1, 2014 23:33 CET
VW Group premiered four plug-in hybrids in Paris. The VW Passat GTE and Porsche Cayenne S E-Hybrid production cars as well as the Lamborghini Asterion and XL Sport concepts are aimed at helping VW meet tougher CO2 targets.... Read More »

 

PSA's Tavares keeps door open to partnerships

Oct. 1, 2014 16:42 CET
PSA CEO Carlos Tavares says the carmaker is open to potential partnerships but must first complete its restructuring. In July, PSA reported a surprise surge in first-half cash flow and the first auto-division profit in three years.... Read More »

 

PSA leads 6% gain in French car sales in September

Oct. 1, 2014 10:56 CET
PSA led a 6 percent gain in French car sales last month as registrations at the automaker jumped 17 percent. Sales were also boosted by an extra selling day, the CCFA industry association said.... Read More »

 

DOUGLAS A. BOLDUC

Tavares, Palmer, Gales ready to shine in new CEO roles

2:00 am U.S. ET | Sept. 30, 2014
A year ago Carlos Tavares was unemployed, Andy Palmer was Nissan's planning chief and Jean-Marc Gales was leading supplier group CLEPA. All three are now CEOs ready to stand in the spotlight at the Paris auto show this week.... Read More »

 

DOUGLAS A. BOLDUC

Tavares, Palmer, Gales ready to shine in new CEO roles

2:00 am U.S. ET | Sept. 30, 2014
A year ago Carlos Tavares was unemployed, Andy Palmer was Nissan's planning chief and Jean-Marc Gales was leading supplier group CLEPA. All three are now CEOs ready to stand in the spotlight at the Paris auto show this week.... Read More »

 

French use Paris to show progress in low-CO2 cars

Sept. 27, 2014 06:01 CET
French automakers are putting a big emphasis on fuel efficiency at the Paris auto show this year, having received financial help from the French government ahead of tougher new EU regulations.... Read More »

 

2014 Eurostar winner Gregoire Olivier

Sept. 19, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. PSA Operational Director for China Gregoire Olivier is this year's winner for Emerging Market Executive.... Read More »

 

Mahindra said to be in talks to buy PSA's scooter unit

Sept. 16, 2014 16:32 CET
Indian SUV and tractor maker Mahindra & Mahindra is said to be in advanced talks to buy PSA/Peugeot-Citroen's scooter unit, after PSA CEO Carlos Tavares said the group was looking to offload the business.... Read More »

 

Divine concept reflects Citroen DS's design direction

Sept. 14, 2014 06:01 CET
Citroen's DS brand is hinting at its future styling with the Divine concept car that will debut at next month's Paris auto show.... Read More »

 

Peugeot heirs return to making pepper grinders after losing car legacy

Sept. 12, 2014 15:41 CET
The heirs of PSA/Peugeot-Citroen's founder are returning to the business of making pepper grinders -- among the first of the family's 19th century industrial activities -- in their latest move to diversify away from auto manufacturing.... Read More »

 

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