France

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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France's Air Liquide plans for long-term growth in hydrogen-powered cars

Dec. 10, 2013 10:04 CET
France's Air Liquide is expanding its business building filling stations for hydrogen-powered cars as it predicts growing demand for fuel-cell vehicles....
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PSA mulls closing lines at 2 French plants

Dec. 8, 2013 13:22 CET
PSA is set to decide early in the new year whether to close assembly lines at two French car factories....
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PSA IN CRISIS: SPECIAL REPORT

PSA versus Ford in a tale of two layoffs

Dec. 4, 2013 15:00 CET
Both PSA and Ford have cut their output and work forces in a bid to restructure their businesses. But the way they have gone about it highlights the fundamental contrasts between running a business in the United States and France....
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PSA IN CRISIS: SPECIAL REPORT

PSA's hits and one miss

Dec. 4, 2013 13:55 CET
PSA has been responsible for some of the biggest automotive innovations of the past few decades. Now, that innovation is under threat as the automaker slashes investment in the face of falling sales....
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PSA IN CRISIS: SPECIAL REPORT

How PSA and France ran out of gas

Dec. 4, 2013 12:34 CET
PSA has spent years watching rivals find great success outside of Europe. Now both PSA and France must find a way -- if there is one -- to compete globally. In PSA's case, the company's future is at stake....
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Daimler faces insider trading trial over EADS stake

Dec. 3, 2013 12:20 CET
Daimler faces allegations of insider trading over its disposal of shares in EADS, the European aerospace company, in 2006, the Paris prosecutor's office said....
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French car sales fall 4% in November

Dec. 2, 2013 11:19 CET
French new-car sales fell 4 percent in November due to fewer business days and weak demand, particularly for foreign car brands....
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PSA will invest 90 million euros in underutilized French plant

Nov. 29, 2013 06:01 CET
PSA plans to invest 90 million euros to add production of a new Peugeot compact at its underutilized Rennes plant in France. Output will begin in mid-2016....
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DOUGLAS A. BOLDUC

French gov't has done Varin a big favor

8:30 am U.S. ET | Nov. 28, 2013
The uproar over departing PSA CEO Philippe Varin's pension package will benefit the executive in the long run....
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