Carlos Tavares

PSA to move Citroen C3 output to Slovakia from France, sources say

May 22, 2014 14:58 CET

PSA will build its next C3 subcompact in Slovakia instead of France, sources close to the carmaker said. The move is part of a strategy to shift production of low-margin small cars away from western Europe, where costs are considered too high....
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PSA completes share sale to raise funds for turnaround

May 22, 2014 10:59 CET

PSA has completed the sale of 289 million new shares as part of a 3 billion euro ($4.1 billion) capital increase to help the carmaker finance a turnaround under new CEO Carlos Tavares....
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PSA to review Mitsubishi electric-vehicle partnership

May 21, 2014 12:25 CET

PSA/Peugeot-Citroen CEO Carlos Tavares said the carmaker will decide in the next 12 months whether to continue working on electric vehicles with Mitsubishi Motors....
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Ex-Renault marketing boss Norman joins PSA

May 20, 2014 06:01 CET

PSA CEO Carlos Tavares has chosen former Renault colleague Stephen Norman as senior vice president of group marketing coordination to help implement his Back in the Race turnaround plan....
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PSA taps Renault's former China chief to head DS brand in Asia

May 20, 2014 10:53 CET

PSA has hired Renault's former China chief, Chen Guozhang, to oversee its upscale DS brand in Asia, a Chinese newspaper reported....
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NICK GIBBS

BLOG: Citroen's incoming CEO worked wonders in the UK

12:01 am U.S. ET | May 9, 2014

Incoming Citroen CEO Linda Jackson has proved herself in the UK by reducing image-harming discounts and boosting morale....
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BRUCE GAIN

BLOG: Ghosn aims for No. 3 spot for Renault-Nissan

7:17 am U.S. ET | May 8, 2014

Carlos Ghosn has high ambitions for Renault-Nissan after getting a new mandate as Renault CEO. He wants to catch industry leaders Toyota, General Motors and Volkswagen....
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BRUCE GAIN

BLOG: Ghosn aims for No. 3 spot for Renault-Nissan

7:17 am U.S. ET | May 8, 2014

Carlos Ghosn has high ambitions for Renault-Nissan after getting a new mandate as Renault CEO. He wants to catch industry leaders Toyota, General Motors and Volkswagen....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO Tavares targets VW as he scraps unprofitable cars, upgrades DS subbrand

May 8, 2014 06:15 CET

PSA's Carlos Tavares is aiming the company's Peugeot brand directly at Volkswagen Group's core VW unit as the CEO seeks to transform Peugeot into an upmarket volume manufacturer as part of a wider turnaround plan at the struggling French automaker....
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PSA names new chiefs for Citroen and DS brands

May 7, 2014 12:02 CET

Citroen's UK chief, Linda Jackson, will replace Frederic Banzet as the brand's CEO while strategy director Yves Bonnefont, who is Citroen's deputy head, will lead the upscale DS line as it becomes a stand-alone unit....
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PSA begins stock sale after Dongfeng, France buy stakes

April 29, 2014 10:45 CET

PSA/Peugeot-Citroen is offering stock to investors at 6.77 euros a share after selling stakes to Dongfeng Motor and the French state at a higher price. The lower price "is further negative news" for the automaker," according to an analyst....
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

PSA chief Tavares will be keynote speaker in Brussels

April 28, 2014 06:01 CET

PSA/Peugeot-Citroen CEO Carlos Tavares will be the keynote speaker at the Automotive News Europe Congress in June in Brussels....
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PSA chief Tavares to keynote Brussels congress

12:01 am U.S. ET | April 28, 2014

Carlos Tavares, the ex-No. 2 executive at Renault who recently took over as CEO of France's other automaker, PSA Peugeot Citroen, will be the keynote speaker at the Automotive News Europe Congress on June 4 in Brussels....
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Peugeot shareholders back plan for $4.2 billion capital hike

12:04 pm U.S. ET | April 25, 2014

PSA Peugeot Citroen owners voted to support a 3 billion-euro ($4.2 billion) capital increase to boost funding at Europe's second-largest carmaker, which has been unprofitable for the last two years....
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LUCA CIFERRI

BLOG: PSA needs the Citroen DS 6WR in Europe

12:01 am U.S. ET | April 19, 2014

PSA/Peugeot-Citroen's decision not to sell the DS 6WR compact crossover in Europe is strange....
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BRUCE GAIN

BLOG: PSA will survive for now, but long-term challenges remain

6:42 am U.S. ET | April 17, 2014

PSA/Peugeot-Citroen CEO Carlos Tavares' Back in the Race business plan and a cash injection from Chinese partner Dongfeng are almost certainly enough to ensure his company's short-term survival, but PSA's long-term prospects remain uncertain....
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Old and new alliances crucial to Tavares' turnaround plan for PSA

April 15, 2014 13:48 CET

PSA/Peugeot-Citroen will keep its industrial partnerships with General Motors, Toyota and Fiat despite the arrival of China's Dongfeng as a stakeholder in the automaker, CEO Carlos Tavares said....
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LUCA CIFERRI

BLOG: PSA's recovery will be boosted by the 'Tavares factor'

9:52 am U.S. ET | April 14, 2014

PSA CEO Carlos Tavares admits that his turnaround plan for the struggling automaker isn't a wonder cure: "I cannot make miracles." His honest, no-nonsense approach is one of his strengths....
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PSA to halve lineup in push for 2% margins by 2018

April 14, 2014 09:11 CET

PSA outlined plans to cut its model lineup by almost half and to make Citroen's DS unit a separate brand in a bid to restore the automotive division's profit....
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PSA's Tavares prepares to tackle pricing, low-cost threats

April 12, 2014 12:08 CET

PSA/Peugeot-Citroen's prospects may be brightening as Europe emerges from a market slump, but new CEO Carlos Tavares still faces long odds as he prepares to present his Back in the Race recovery plan on Monday....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Views mixed on DS's chances as stand-alone brand

April 7, 2014 06:01 CET

PSA CEO Carlos Tavares wants the company's Citroen DS marque to become a stand-alone brand that can compete with premium German carmakers' products. Market watchers, however, have mixed views on this goal....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How PSA lured Tavares

April 7, 2014 06:01 CET

Carlos Tavares' disclosure that he didn't want to remain No. 2 at Renault got him fired, but it also got him what he wanted: the chance to be CEO of a major global automaker....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How high-revving PSA CEO Carlos Tavares plans to turn around Europe's second-largest automaker

April 7, 2014 06:15 CET

New PSA CEO Carlos Tavares faces a number of big challenges in his new job including halting losses, reducing bloated lineups, boosting PSA's presence in China and adjusting the company's European production footprint....
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Check out the ANE monthly e-magazine

April 7, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This edition looks at the challenges facing new PSA CEO Carlos Tavares....
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ANE monthly e-magazine goes live Monday

April 4, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, April 7....
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