Carlos Tavares

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why PSA chief Tavares is betting big on DS' long-term success

May 16, 2015 06:01 CET

Making a success of the DS brand is a big task facing PSA/Peugeot-Citroen CEO Carlos Tavares. PSA revived the DS badge for near-premium models five years ago, hoping its association with iconic Citroen DS cars would give the line instant appeal....
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PSA will debut self-driving features on 508

May 15, 2015 06:15 CET

Peugeot will debut self-driving features on its next 508 midsize car as the brand seeks to move upscale in Europe. The 508 will offer hands-free steering and braking control in stop-and-go traffic and along highways....
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Renault readies Porsche Boxster, Audi TT rival

May 13, 2015 06:01 CET

Renault may unveil its first modern Alpine sports car at the 24 Hours of Le Mans endurance race next month, a report said. The concept would preview a production car that would rival models such as the Audi TT and Porsche Boxster....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for May

May 4, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth....
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PSA's new EVs will be cheaper with longer range; production plug-in hybrid nearing completion

May 3, 2015 06:01 CET

PSA's new electric cars will be cheaper and have a longer range than the automaker's current EVs, CEO Carlos Tavares said. The automaker also is close to completing development of its first plug-in hybrid, he said....
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ANE's May e-magazine goes live Monday

May 1, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 4. This month's edition looks at what European automakers plan to do to keep winning in China despite the normalization of the market's growth....
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PSA's Tavares open to adding partners to Toyota JV

April 23, 2015 13:53 CET

PSA/Peugeot-Citroen is open to bringing in more partners to its existing collaboration with Toyota to share the cost of designing and manufacturing minicars, PSA CEO Carlos Tavares said....
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PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the Peugeot 208 subcompact and Citroen C4 Cactus crossover help boost the carmaker a year into a major turnaround plan....
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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....
Read More »

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Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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