Carlos Tavares

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

PSA CEO reveals the next steps in automaker's revival

April 7, 2015 06:15 CET

PSA/Peugeot-Citroen CEO Carlos Tavares discussed the challenges the automaker needs to overcome to complete its turnaround, including boosting scale, improving net pricing and giving customers options they really value....
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LUCA CIFERRI

BLOG: How PSA's Tavares keeps his desk clean

12:01 am U.S. ET | April 6, 2015

PSA's Carlos Tavares has topped past and present CEOs Lee Iacocca, Jacques Nasser and Sergio Marchionne in an interesting category: He has the cleanest desk of any automaker CEO I have ever met....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for April

April 6, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after three years of huge losses....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bold moves, positive results highlight Tavares' 1st year as PSA boss

April 6, 2015 06:15 CET

PSA CEO Carlos Tavares has succeeded in putting the automaker back on track a year after its 3 billion euro bailout. He has returned PSA to France’s benchmark CAC-40 stock index and implemented cost cuts that helped the automobile division record its first operating profit in three years in 2014....
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Too early to talk tie-up, Tavares says

12:01 am U.S. ET | April 6, 2015

Equity research firm MainFirst has speculated how a potential merger between Fiat Chrysler Automobiles and PSA Peugeot Citroen could work out. But PSA will be ready for a possible merger only after it has completed its recovery plan, CEO Carlos Tavares told an Italian newspaper....
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ANE's April e-magazine goes live Monday

April 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, April 6. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after years of huge losses....
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PSA CEO Tavares dampens talk of Fiat Chrysler merger

March 31, 2015 11:48 CET

PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening speculation of a potential tie-up with Fiat Chrysler....
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PSA may hit operating margin target earlier than planned, CFO says

March 23, 2015 13:15 CET

PSA could reach its main recovery target of achieving a 2 percent operating margin before a 2018 goal, finance chief Jean-Baptiste de Chatillon said. The carmaker's shares today rejoined the benchmark CAC-40 index after a two-and-a-half-year absence....
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PSA's blue-chip index comeback may spur recovery

March 6, 2015 10:40 CET

PSA will return to France's benchmark CAC-40 index, stock market operator Euronext said, delivering a likely boost to the carmaker as it emerges from a prolonged European sales slump and bailout....
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NEWS ANALYSIS

Tavares 'starting to deliver' on PSA turnaround plan

Feb. 15, 2015 08:41 CET

Nearly 12 months after PSA/Peugeot-Citroen was rescued from financial disaster by the sale of stakes to China's Dongfeng and the French state, CEO Carlos Tavares is on track to turn around the troubled automaker, industry watchers say. PSA, which presents its 2014 financial results this week, has been boosted by surging sales in China, a recovery in Europe and the first results of Tavares' “Back in the Race” strategic plan....
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PSA's China sales boom may mark industry shift in favor of mass-market carmakers

Jan. 14, 2015 11:45 CET

PSA/Peugeot-Citroen's 32 percent increase in China vehicle sales last year, almost double the 17 percent BMW achieved, may mark an industry shift in favor of mass-market carmakers over premium brands in a cooling market....
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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....
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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....
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BRUCE GAIN

BLOG: Tavares brings PSA back in the race

5:56 am U.S. ET | Oct. 3, 2014

PSA CEO Carlos Tavares is already achieving positive results with his turnaround plan at the money-losing automaker. So much so, that one analyst believes the operating targets Tavares has set for the automaker to hit by 2018 are way too conservative....
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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....
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DOUGLAS A. BOLDUC

BLOG: 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....
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DOUGLAS A. BOLDUC

BLOG: 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....
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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....
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Ghosn defectors mount as Nissan's Palmer joins Aston Martin

Sept. 3, 2014 10:18 CET

Nissan's loss of Chief Planning Officer Andy Palmer to Aston Martin is fueling concern that the talent pool surrounding CEO Carlos Ghosn is drying up....
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DOUGLAS A. BOLDUC

BLOG: Tough times for Carlos Ghosn

4:49 am U.S. ET | Sept. 2, 2014

Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. Nissan Chief Planning Officer Andy Palmer is the latest top-ranked executive to depart....
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DOUGLAS A. BOLDUC

BLOG: Tough times for Carlos Ghosn

4:49 am U.S. ET | Sept. 2, 2014

Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. Nissan Chief Planning Officer Andy Palmer is the latest top-ranked executive to depart....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's slump creates new opportunities at the top

Aug. 13, 2014 06:01 CET

Europe's car sales slump took its toll on the executive ranks at automakers active in the region. Just 13 of the 37 executives who topped their organizational charts before the crisis are still there....
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Peugeot edges closer to rejoining key stock index

Aug. 13, 2014 13:10 CET

Peugeot, whose losses led to a government bailout earlier this year, may already be close to an important recovery milestone: a return to France's benchmark stock index....
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BRUCE GAIN

BLOG: PSA may be better off without Thierry Peugeot

12:01 am U.S. ET | July 11, 2014

PSA/Peugeot-Citroen's future could be brighter following former chairman Thierry Peugeot's departure from the automaker's board....
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Peugeot will drop 807 minivan as Tavares begins model cull

June 26, 2014 06:01 CET

PSA/Peugeot-Citroen will stop selling the Peugeot 807 minivan as part of plans by CEO Carlos Tavares to eliminate unprofitable models from the automaker's product lineup....
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