France

GM faces French dealer challenge over Chevy exit from Europe

1:47 pm U.S. ET | March 28, 2014
General Motors is facing a legal battle with a group of French Chevrolet dealers who are preparing to go to court over the terms of the brand's withdrawal from Europe....
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PSA to cut executive pension packages, report says

March 20, 2014 13:04 CET
PSA/Peugeot-Citroen will cut the size of its executive pension packages, a French daily reported, months after public criticism forced former CEO Philippe Varin to turn down his pension....
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Dongfeng CEO says his company won't 'eat' PSA

March 15, 2014 06:01 CET
Dongfeng CEO Zhu Fushou has sought to quell fears over his company's planned purchase of a 14 percent stake in PSA, saying the Chinese company was not seeking to take control of PSA....
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PSA to boost Peugeot 308 output on high demand

March 14, 2014 14:27 CET
PSA will increase production of the Peugeot 308 hatchback after receiving 60,000 orders for the new model since its launch in October....
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Renault says French dealerships open despite strike

March 14, 2014 17:51 CET
Renault said a strike at its company owned dealerships in France had little support and did not impact customers....
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French government to cut stake in Valeo

March 12, 2014 11:48 CET
The French government will reduce its stake in supplier Valeo, reversing a move it made five years ago as part of its attempts to shore up the country's crisis-hit car industry....
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FEBRUARY SALES EUROPE

Europe's car-sales recovery continues but France lags behind

March 3, 2014 10:44 CET
Strong new-car sales in Germany, Italy and Spain last month added to the growing optimism over Europe's market recovery, though a dip in French demand suggests the recovery remains uneven....
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New PSA boss Tavares eyes further cost cuts

March 3, 2014 21:32 CET
PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said....
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PSA-Dongfeng deal seen as necessary, but skepticism remains

Feb. 20, 2014 12:27 CET
PSA/Peugeot-Citroen's tie-up with Dongfeng and the French government may not bring stability to the struggling automaker, observers said. PSA will change radically after “the dragon came to the rescue of the lion," a newspaper said....
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NEWS ANALYSIS

Family squabbles cost Peugeot clan control of PSA

Feb. 19, 2014 10:37 CET
Infighting played a large role in the Peugeot family's loss of control of PSA/Peugeot-Citroen, industry watchers say....
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Dongfeng deal buys PSA time, gives it new blood

Feb. 18, 2014 17:22 CET
PSA and Dongfeng have agreed on a 3 billion euro ($4.1 billion) capital tie-up that buys the French carmaker more time to turn around its business, brings in new management and ends two centuries of family control....
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PSA Chairman urged to scrap Dongfeng deal

Feb. 17, 2014 09:20 CET
An industry analyst has penned an open letter to PSA/Peugeot-Citroen urging the automaker to scrap its planned capital tie-up with China's Dongfeng Motor and raise capital in other ways....
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PSA said to near Santander deal to strengthen lending arm

Feb. 14, 2014 15:16 CET
PSA is close to a deal for a joint venture with Banco Santander to strengthen the financing of its lending arm, two people familiar with the matter said....
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BRUCE GAIN

French gov't will be 'decisive' PSA stakeholder

12:01 am U.S. ET | Feb. 13, 2014
The French government doesn't intend to be a silent partner when it takes an expected step to acquire a 14 percent stake in PSA/Peugeot-Citroen....
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Dongfeng confirms talks with PSA but says no deal reached

Feb. 10, 2014 10:47 CET
Dongfeng confirmed that it had held talks with PSA about a potential investment in the French carmaker, but said no agreement had yet been reached between the two groups....
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C4 Cactus showcases Citroen's new positioning

Feb. 6, 2014 09:48 CET
PSA has introduced a new compact model as part of a move by the Citroen brand to serve customers seeking cheaper vehicles than its current lineup. The C4 Cactus is also key to PSA's strategy to better differentiate the Peugeot and Citroen brands....
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German car sales rise 7% in January

Feb. 4, 2014 11:46 CET
New-car sales in Germany rose 7 percent in January as Europe's biggest market joined France, Italy and Spain in reporting higher year-on-year registrations....
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Nissan will boost Micra production at French Renault plant, report says

Feb. 4, 2014 13:09 CET
Nissan plans to increase planned production of its Micra hatchback at a Renault factory in France after 2016, a report said....
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PSA investor group criticizes terms of planned capital hike

Feb. 4, 2014 10:45 CET
French minority shareholders' group ADAM has written to PSA to criticize the terms of a planned capital hike that will see Dongfeng and the French state take big stakes in the carmaker....
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French new-car sales rise 1% in January

Feb. 3, 2014 10:40 CET
French car sales rose 1 percent in January as the market continues to recover from a mid-2013 low....
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Peugeot 208 production will be cut in France

Jan. 30, 2014 11:48 CET
PSA will eliminate one of two shifts that builds the Peugeot 208 at its factory in Poissy, France, to help reduce overcapacity....
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PSA widens French work force cutbacks

Jan. 28, 2014 12:31 CET
PSA aims to widen its planned work force cutbacks beyond 11,200 jobs in France by offering early retirement packages to encourage an additional 3,500 employees to leave by 2016....
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PSA weighs cutting another 1,500 French jobs, union says

Jan. 22, 2014 13:19 CET
PSA/Peugeot-Citroen is considering cutting an additional 1,500 jobs in France because of continued production overcapacity, a union leader said....
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Car-sales rise in southern Europe fails to halt regional decline in 2013

Jan. 6, 2014 10:15 CET
A rise in December new-car sales in France, Italy and Spain points to a pick-up in demand in southern Europe, although not enough to avoid a sixth straight annual decline in the overall European market in 2013....
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GM gives PSA backing for Dongfeng deal

Dec. 12, 2013 08:53 CET
PSA has won GM's backing for a tie-up with China's Dongfeng Motor, the French automaker said, adding that the partners have lowered the savings goals for their scaled-down European alliance....
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