French Car Market Slows Down in April Due to Incentives Cut
3 May 2010, 14:14 UTC · By: Dan Mihalascu / A cut in the government incentives in France slowed down growth in April, while Spanish car sales rose, with scrapping schemes continuing to fuel demand. However, the French increase in van sales, w...
Mitsubishi ASX to Spawn Two PSA Sister SUVs
28 Apr 2010, 08:00 UTC · By: Dan Mihalascu / After the collaboration on the mid-size SUVs Mitsubishi Outlander/Peugeot 4007/Citroen C-Crosser, the French group PSA wants to extend the deal with Mitsubishi to a smaller SUV as well. PSA Peug...
PSA and Mitsubishi Inaugurate Russian Plant
23 Apr 2010, 13:08 UTC · By: Dan Mihalascu / French giant PSA Peugeot Citroen and Mitsubishi Motors Corporation have officially started vehicle production at their joint plant in Russia, PCMA Rus. Owned 70 percent by PSA and 30 percent by Mits...
PSA Reports 28 Percent Sales Increase in Q1
22 Apr 2010, 14:20 UTC · By: Dan Mihalascu / PSA Peugeot Citroen recorded a 28 percent increase in revenue in the first quarter of 2010 and expects the operating profit to rise accordingly for the first six months of the year. Revenue rose to ...
Fiat Chairman Says Next European Car Alliance May Involve PSA
13 Apr 2010, 09:30 UTC · By: Dan Mihalascu / Fiat and Chrysler CEO Sergio Marchionne believes that the next European car alliance will involve the French group PSA Peugeot Citroen, the largest manufacturer of its country. "The next merger...
Peugeot-Citroen's 3-Cylinder Engines Will Start Production in 2012
13 Apr 2010, 08:26 UTC · By: Dan Mihalascu / Following an investment of EUR175 million in the the company's northern France engine plant, PSA Peugeot Citroen will start producing a small 3-cylinder engine for models like the Peugeot 207 a...
Renault Cars Not Affected by Toyota's Stuck Pedal
2 Feb 2010, 07:28 UTC · By: Bogdan Popa / Toyota's safety recall frightens the whole automotive world after it was discovered that millions of cars are affected by what can prove to be a deadly glitch. After its French rivals Peugeot a...
Opel to Build Cars for Other Automakers on GM Platforms
15 Jun 2009, 07:47 UTC · By: Bogdan Popa / Just as we told you some time ago, Magna International, who is now favorite to take over the German unit Opel, plans to use GM Europe's brand to build cars for other automakers. And Magna'...
Fiat Eyeing PSA Merger
1 Jun 2009, 07:48 UTC · By: Bogdan Popa / With reports already hinting that Magna International and its Russian allies will become the new Opel owner, the Italian automaker Fiat is now looking for other companies to merge with. One possible...
PSA Not Afraid of Possible Fiat-Opel Alliance
11 May 2009, 10:52 UTC · By: Bogdan Popa / A potential merger between Fiat and Opel doesn't scare the PSA Peugeot Citroen group that might become the main rival in Europe, a PSA board director said. According to a report by La Repubblic...
PSA and BMW Aim to Expand Cooperation
9 Mar 2009, 11:28 UTC · By: Bogdan Popa / Rumors regarding a potential expansion of the existing cooperation between PSA and BMW reached the web a long time ago but the topic is again making the headlines following a report published by Ger...
US Automotive Aid Displeases France
27 Feb 2009, 15:49 UTC · By: Daniel Patrascu / As the economic crisis rages on, there is not a single car manufacturer on the planet that can escape its grip. We have all seen ever decreasing sales reports, massive job cuts and plant closures. M...
Renault 2008 Finacial Results Down, 2009 Prospects Worse
12 Feb 2009, 16:42 UTC · By: Daniel Patrascu / Renault's financial performance in 2008 was, as expected due to the economic mayhem that ravages the automotive industry, very poor. The French company posted a total revenue figure for 2008 of...
PSA Peugeot Citroen Hopes for 11,000 Voluntary Departures
11 Feb 2009, 16:28 UTC · By: Daniel Patrascu / The French group PSA Peugeot Citroen, the second largest in Europe, has developed a layoff plan through which it hopes to relieve on a voluntary basis 11,000 employees worldwide in 2009, france24 re...
Peugeot 308 CC Limited Edition Comes Before April
11 Feb 2009, 13:58 UTC · By: Daniel Patrascu / Peugeot has announced it will release a very limited edition of the 308 CC, before the series model hits the streets in April. The Peugeot 308 CC limited edition will market only 100 units that are ...
PSA Sales Drop 7.4 Percent in 2008
11 Feb 2009, 13:26 UTC · By: Bogdan Popa / We all knew 2008 was a difficult year, particularly in the end when the economic recession started slashing sales, workforce and profits of automakers all over the world. The PSA Peugeot Citroen gro...