Frederic Saint-GeoursPSA streamlines top management after two executives step downMarch 12, 2013 18:02 CET PSA/Peugeot Citroen has streamlined its management board after brands director Frederic Saint Geours and r&d chief Guillaume Faury left their posts. Saint Geours will stay on with PSA as an advisor to CEO Philippe Varin, but Faury is leaving the automaker to become CEO of Eurocopter.... Read More »
PSA launches new brand strategy for Peugeot and CitroenMarch 12, 2013 06:01 CET PSA aims to shift the positioning of its two brands further apart, although analysts are skeptical of the move. Peugeot and Citroen cars chase a very similar customer base, which has been a problem for the French automaker for a long time. Presenting the automaker's 2012 financial results last month, CEO Philippe Varin admitted: “Our brands are too close.”... Read More »
PSA, Renault woo younger drivers with new small SUVsMarch 11, 2013 07:04 CET French automakers aim to win customers in the growing small SUV/crossover segment with the Peugeot 2008 and Renault Captur. Peugeot says the first reaction to the 2008 has been positive.... Read More »
Carmakers warn of weak European market for years to comeMarch 5, 2013 12:38 CET New-car sales in Europe are at the low end of expectations and the market is likely to remain shaky for at least five years as the region implements austerity measures to cut its debts, industry executives warned on Tuesday.... Read More »
PSA 2012 deliveries drop on Europe, IranJan. 9, 2013 08:34 CET PSA vehicle deliveries dropped 16.5 percent to 2.97 million last year as the struggling automaker lost ground in the European market and withdrew from Iran.... Read More »
FROM THE CURRENT ANE PRINT ISSUE PSA's Saint-Geours tackles big challengesNov. 16, 2012 06:01 CET PSA/Peugeot-Citroen head of brands Frederic Saint-Geours says the company's alliance with General Motors is just one element in the French automaker's restructuring plan. PSA also needs to reduce its over-reliance on Europe and move its Peugeot and Citroen brands more upscale to support a strong industrial presence in high-labor-cost France.... Read More »
PSA denies seeking gov't loan as first-half car sales tumbleJuly 6, 2012 09:25 CET PSA denied that it is seeking a loan from the French government, as the company announced that its global first-half vehicle sales tumbled 13 percent after Europe's debt crisis hit demand.... Read More »
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Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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