Maxime Picat

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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China's Qoros challenges Europeans on home turf

March 6, 2014 10:54 CET
Chinese automaker Qoros is out to challenge VW, PSA and other Europeans on their home turf, signaling a broader push by the country's car manufacturers to target Western customers....
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Peugeot 308 named European Car of the Year

March 3, 2014 21:15 CET
The Peugeot 308 was named Europe's Car of the Year after winning more votes than six other vehicles including electric autos from BMW and Tesla Motors, providing a boost to PSA/Peugeot-Citroen, which is struggling to return to profit....
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Europe's car sales forecast to rise 3% in 2014, but price war to linger

Jan. 6, 2014 06:15 CET
Europe's battered car market is set to grow in 2014 after its six-year slump comes to an end, but with some of the region's carmakers saddled with losses that will weaken them for years, the rebound will be slow....
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Peugeot CEO outlines plan to boost profit

Nov. 6, 2013 06:15 CET
Peugeot plans to boost profits by adding new high-end variants to its existing lineup, rather than developing new upscale model lines, its CEO says....
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ANE monthly e-magazine goes live Monday

Nov. 1, 2013 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine looks at a battle between Audi, BMW and Mercedes-Benz that goes beyond unit sales. The German automakers are constantly trying to out-engineer one another with their money-making high-performance subbrands....
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PSA will seek further plant cuts in union talks, Varin says

Sept. 10, 2013 15:58 CET
PSA will seek further plant cuts from French unions to help reduce overcapacity, the automaker's CEO Philippe Varin said....
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PSA expects the new Peugeot 308 to help reduce its cash burn

Aug. 27, 2013 10:04 CET
PSA/Peugeot-Citroen said it may beat a goal of reducing cash consumption this year as new vehicles such as the 308 hatchback and 2008 crossover help the company boost prices....
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