Dongfeng-PSA sales rise 37% in April on new modelsMay 21, 2013 08:49 CET  PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and Peugeot 3008 models.... Read More »
PSA workers end 4-month strike over car plant closureMay 17, 2013 15:05 CET  Workers at a PSA factory near Paris have agreed to end a four-month strike in protest against the planned closure of the plant.... Read More »
Peugeot pushes 308 upscale to catch VW GolfMay 15, 2013 10:15 CET  Peugeot hopes more upscale features and an innovative design will help the new 308 gain market share in Europe's overcrowded compact segment against competitors including the Volkswagen Golf.... Read More »
2013 SHANGHAI AUTO SHOW French automakers count on luxury appeal for success in ChinaApril 19, 2013 06:01 CET  German automakers have long seen China as a key market. Now their French rivals, hit by slow sales in Europe, are playing catch up, and they are counting on the popularity of France's luxury fashion brands to help them.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Peugeot already sees benefits from upmarket moveApril 10, 2013 06:01 CET  The boss of PSA/Peugeot-Citroen's namesake brand says he's already seeing benefits from efforts to move upmarket, which the automaker considers crucial to returning to profit. “Just 15 percent of sales for the 208 are entry-level models while 35 percent are our highest trim lines,” Peugeot CEO Maxime Picat said.... Read More »
CHINA Dongfeng-PSA venture sales, fueled by 2 new models, jump 20% in MarchApril 8, 2013 06:01 CET 
Faurecia wins approval to build new NA headquarters 4:09 pm U.S. ET | April 2, 2013  Faurecia North America Inc. has received final approval to build a three-story, 278,000-square-foot North American headquarters in suburban Detroit that will house the company's administration and a technical center for its automotive seating and exteriors units.... Read More »
PSA launches new brand strategy for Peugeot and CitroenMarch 12, 2013 06:01 CET  PSA aims to shift the positioning of its two brands further apart, although analysts are skeptical of the move. Peugeot and Citroen cars chase a very similar customer base, which has been a problem for the French automaker for a long time. Presenting the automaker's 2012 financial results last month, CEO Philippe Varin admitted: “Our brands are too close.”... Read More »
PSA, Renault woo younger drivers with new small SUVsMarch 11, 2013 07:04 CET  French automakers aim to win customers in the growing small SUV/crossover segment with the Peugeot 2008 and Renault Captur. Peugeot says the first reaction to the 2008 has been positive.... Read More »
2013 GENEVA AUTO SHOW Small SUVs poised to dominate at GenevaMarch 4, 2013 06:01 CET  Renault and PSA will use the Geneva auto show as the launching pad for models that are forecast to go to the top of Europe's fast-growing small SUV segment.... Read More »
PSA sees China turning into biggest market as Europe weakensFeb. 26, 2013 06:01 CET  PSA predicts China will overtake France as its biggest market as early as 2015. The automaker expects to boost sales in China this year by 22 percent to 540,000 vehicles.... Read More »
PAUL MCVEIGH Three words describe PSA's new brand strategy 12:01 am U.S. ET | Feb. 15, 2013  CEO Philippe Varin said PSA's latest product strategy can be summarized in three words for each brand and subbrand.... Read More »
PSA to shift Peugeot brand upscale in bid to return to profit 1:57 am U.S. ET | Feb. 13, 2013  PSA laid out plans to move its namesake Peugeot brand upscale to help the automaker return to profit after the company posted a record 5 billion euro ($6.73 billion) net loss for 2012.... Read More »
PSA will move Peugeot brand upscale in bid to return to profitFeb. 13, 2013 07:57 CET  PSA laid out plans to move its namesake Peugeot brand upscale to help the automaker return to profit after the company posted a record 5 billion euro ($6.73 billion) net loss for 2012.... Read More »
PSA, Fiat, Opel, others at risk from LCV shake-upFeb. 5, 2013 06:01 CET  Europe's light commercial vehicle sector is headed toward a major shake-up that is likely to put added financial pressure on struggling brands such as Peugeot, Citroen, Renault, Opel and Fiat.... Read More »
LUCA CIFERRI Big, boring but profitable 12:01 am U.S. ET | Feb. 4, 2013  They are big and boring-looking, but light commercial vehicles are crucial to the financial health of many European volume brands. LCVs provide hefty profits -- as high as 9 percent -- and that cash has been invaluable to Renault, Fiat, Peugeot and Opel.... Read More »
GM's troubled Opel unit gets a new boss and new platforms 12:01 am U.S. ET | Jan. 28, 2013  Opel AG, the European unit that has been a drag on General Motors' profits, is getting a new boss from Volkswagen AG and new platforms from PSA Peugeot Citroen.... Read More »
GM replots emerging market strategy, hedges on China partner 9:09 am U.S. ET | Jan. 27, 2013  GM is reconsidering its emerging-market strategy, CEO Dan Akerson says, in remarks that could dent the global ambitions of its Chinese partner, SAIC Motor. GM has indicated for three years now that it would use SAIC, which produces affordable no-frills cars in joint ventures with GM, as its ideal partner to expand in emerging markets. But in recent months, GM has been looking to partner with Peugeot Citroen in Europe but also in Russia and Latin America.... Read More »
FROM THE CURRENT ANE PRINT ISSUE PSA's Saint-Geours tackles big challengesNov. 16, 2012 06:01 CET  PSA/Peugeot-Citroen head of brands Frederic Saint-Geours says the company's alliance with General Motors is just one element in the French automaker's restructuring plan. PSA also needs to reduce its over-reliance on Europe and move its Peugeot and Citroen brands more upscale to support a strong industrial presence in high-labor-cost France.... Read More »
Fiat doesn't need access to Chrysler's cash, Marchionne saysNov. 16, 2012 06:34 CET  Fiat, which plans to merge with Chrysler, doesn't need access to its partner's cash, which currently has limits on its use, the chief executive of both companies said.... Read More »
European car market shrinkage slows in OctoberNov. 16, 2012 08:16 CET  Europe's new car market shrank at a slower pace in October than in recent months, but nearly all major groups still suffered double-digit declines, as consumers showed little inclination to make big-ticket purchases in a slow economy.
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GM won't 'cut and run,' Akerson tells Opel staff 11:41 am U.S. ET | Nov. 15, 2012  General Motors will neither sell its loss-making European unit Opel nor "simply close up shop and leave," CEO Dan Akerson told more than 5,000 staff in the brand's headquarters in Ruesselsheim today.... Read More »
Akerson tells Opel workers GM won't abandon EuropeNov. 15, 2012 17:41 CET  GM will neither sell Opel nor "simply close up shop and leave," CEO Dan Akerson told more than 5,000 staff at the brand's headquarters.... Read More »
GM, Peugeot halt talks on deeper tie-up, report says 11:19 am U.S. ET | Nov. 13, 2012  GM and alliance partner PSA Peugeot Citroen have halted talks on a deeper tie-up amid misgivings about the French carmaker's worsening finances and government-backed bailout, people familiar with the matter told Reuters.... Read More »
PSA pushes low-cost Peugeot 301 as fix for growth problemsNov. 9, 2012 07:04 CET  Peugeot has launched the 301, a stripped-down sedan aimed at boosting sales in emerging markets. The vehicle has gone on sale in Turkey and will be rolled out in Eastern Europe, Africa and South America in the coming months.... Read More »
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