Carlos Tavares

BRUCE GAIN

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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PSA seeks 500 job cuts at French plant

June 25, 2014 16:27 CET
PSA will offer workers at its plant in Rennes, France, early retirement benefits to reduce headcount at the site by about 10 percent. PSA builds the Peugeot 508 and Citroen C5 in Rennes....
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BRUCE GAIN

At PSA, Tavares echoes Renault's management template

12:01 am U.S. ET | June 24, 2014
PSA/Peugeot-Citroen CEO Carlos Tavares's new executive committee structure is very much like the one he left behind at Renault when he was Carlos Ghosn's No. 2....
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Citroen's move down-market key part of PSA's turnaround plan

June 22, 2014 12:11 CET
Citroen's C4 Cactus is more than just another compact car. It's a manifesto on wheels for the brand's move down-market as parent PSA struggles to return to profit....
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Tavares names Europe chief, reshuffles top jobs at PSA

June 18, 2014 11:23 CET
PSA CEO Carlos Tavares has appointed a boss for the company's European operations and recruited a former top Renault executive to head manufacturing in his latest management changes at the automaker....
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PSA will defend position as No. 2 carmaker in Europe, Tavares says

12:01 am U.S. ET | June 9, 2014
PSA Peugeot Citroen will defend its position as Europe's No. 2 carmaker after Volkswagen Group, CEO Carlos Tavares said at last week's Automotive News Europe Congress. "We want to keep a strong No. 2 position in Europe."...
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

PSA will defend its position as Europe's No. 2 carmaker, Tavares says

June 5, 2014 11:01 CET
PSA aims to maintain its No. 2 position in Europe after VW Group, CEO Carlos Tavares said at the Automotive News Europe Congress. But to ensure that, the CEO must bring the automaker back to profit after years of losses....
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

Renault committed to expanding upscale offerings with Initiale Paris, CFO says

June 4, 2014 16:58 CET
Renault is committed to expanding its upscale offerings with its Initiale Paris badge, Dominique Thormann, the carmaker's Chief Financial Officer, said at the Automotive News Europe Congress....
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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

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

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

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

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

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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