Carlos Tavares

PSA says anti-French backlash weighs on Iran talks

July 29, 2015 12:20 CET

PSA's talks on a manufacturing venture with Iran's biggest carmaker are being undermined by anti-French sentiment in the country, CEO Carlos Tavares said. Iranians are hostile because France took a tough line in talks to lift international sanctions against Iran....
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PSA first-half sales held back by Citroen, Latin America

July 10, 2015 21:56 CET

PSA's first-half sales rose a modest 0.4 percent, the French carmaker said, as slumping Latin American demand and a weak performance by the Citroen brand diluted the effect of a European market rebound....
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DS brand set to launch flagship sedan in 2018

July 10, 2015 06:15 CET

DS Automobiles will launch a flagship sedan code-named the DS8 in 2018, a company source said. The sedan will incorporate styling cues from the original DS model launched in 1955, the Numero 9 concept unveiled in 2012 and the Divine DS concept shown at last year's Paris auto show....
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Citroen will drop hydropneumatic suspension

July 3, 2015 06:01 CET

Citroen will stop selling cars equipped with its once-renowned hydropneumatic suspension system. Instead it's working on “new technologies” to ensure that a comfortable ride remains at the heart of the French brand's top models, CEO Linda Jackson told Automotive News Europe....
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PSA will open Morocco plant to cut costs, lift emerging market sales

June 19, 2015 15:14 CET

PSA/Peugeot-Citroen unveiled plans to build a Moroccan factory as the carmaker seeks to boost sales in Africa and reduce its reliance on Europe following a brush with bankruptcy. The Morocco-built models are likely to replace the Peugeot 301 and Citroen C-Elysee sedans produced in Spain....
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PSA seeks EV boost from new business unit

June 18, 2015 11:42 CET

PSA has established a business unit to develop an EV strategy for the automaker's Peugeot, Citroen and DS brands. The automaker plans to launch a new generation of EVs based on its small-car platform in 2020....
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Citroen mulls Mehari revival to add fun to the brand

June 16, 2015 06:01 CET

Citroen is considering a revival of its iconic Mehari lightweight utility car to help give the brand a “fun” image, CEO Linda Jackson said....
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PSA scraps DS-era hydraulics in cost-cutting drive, report says

June 5, 2015 11:23 CET

Hydraulic suspension, once key to the appeal of the original Citroen DS, is to be scrapped by PSA/Peugeot-Citroen as the carmaker cuts costs, sources said....
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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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