PSA Targets Operating Profit in H1
10 Feb 2010, 11:55 UTC · By: Andrei Tutu / France’s largest carmaker, PSA Peugeot Citroen recently said that its 2009 financial results were heavily influenced buy the global financial crisis: the carmaker’s global sales saw a 2....
PSA's Negotiations with Chang'an for Second Chinese JV Advancing
10 Feb 2010, 07:47 UTC · By: Andrei Tutu / PSA Peugeot-Citroen is negotiating with Chang’an Motor Corp, China’s fourth-largest automaker, to create the French company’s second joint venture in China, with the contract expec...
BMW, PSA to Develop New 4 Cylinder Engine
2 Feb 2010, 15:53 UTC · By: Daniel Patrascu / German carmaker BMW announced today an extension to the existing collaboration agreement with French group PSA Peugeot Citroen, as the perfect means for the two carmakers to further develop a new 4 ...
PSA Restored Third Shift in Brazil Plant
1 Feb 2010, 11:57 UTC · By: Alex Vasile / The recession is not yet a thing of the past, though it seems that predictions for 2010 indicate economy growth in many countries. It’s a fact that not all automakers can look back at 2009 and...
PSA Wants 8 Percent of China by 2016
27 Jan 2010, 10:33 UTC · By: Bogdan Popa / PSA Peugeot Citroen is looking into ways to expand Chinese operations and thus gain an 8 percent market share in the country by 2016, company officials said. Furthermore, the alliance wants to grow ...
Peugeot 308 CC Gets New Flagship Petrol Version in the UK
27 Jan 2010, 09:21 UTC · By: Andrei Tutu / The Peugeot 307 CC receives a new 1.6 liter turbocharged petrol unit and a fresh 6-speed automatic gearbox for the UK market, thus continuing the downsizing trend. The turbocharged 1.6 liter THP ...
PSA Announces Average 1.9% Pay Increase
25 Jan 2010, 15:42 UTC · By: Alex Vasile / Employees of the PSA Peugeot Citroen Group have another reason to smile, as the French car manufacturer announced the negotiations with its workforce are over and that they agreed to a pay rise of 1...
Peugeot Cuts 5,700 Jobs in France
20 Jan 2010, 08:29 UTC · By: Andrei Tutu / Europe’s second biggest carmaker, PSA Peugeot Citroen, has cut 5,700 French Jobs, surpassing the 3,500 voluntary departure target set in 2009, Bloomberg wrote. One thousand seven hundred pe...
Suzuki to Reconsider Deals with Renault and PSA
18 Jan 2010, 10:31 UTC · By: Bogdan Popa / After confirming that it will cut ties with General Motors in the hybrid development sector, Suzuki makes another step towards focusing exclusively on the recently-sealed deal with Volkswagen. This ...
New Design Directors Appointed at Peugeot and Citroen
21 Dec 2009, 14:12 UTC · By: Alina Dumitrache / The PSA Peugeot Citroen Group announced today it has appointed two new design directors for both Peugeot and Citroen, effective January 4, 2010. Gilles Vidal and Thierry Metroz, the new design direc...
Mitsubishi May Not Be what PSA Needs
4 Dec 2009, 08:32 UTC · By: Alex Vasile / No need to worry, PSA is not in trouble, but it could be pretty soon. The French automakers want to get a piece of all the action that’s been happening in Asia. PSA, which is mainly concentrat...
Peugeot 508 Sedan to Replace 407 and 607
24 Nov 2009, 08:09 UTC · By: Bogdan Popa / Similar to the rest of the auto sector, Peugeot is looking at ways to eliminate disappointing models with new ones that could sell better and attract more buyers into the current depressed market. O...
Chinese Citroen C5 Released
19 Nov 2009, 10:53 UTC · By: Bogdan Popa / Citroen finally launched the C5 model in China, a model whose production will be handled by Dongfeng - Citroen, the joint venture belonging to the French carmaker. As a result, Peugeot is also consi...
PSA Plans to Drop 6,000 Jobs
15 Nov 2009, 11:31 UTC · By: Alexandru Radu Chis / The French automotive group PSA Peugeot-Citroen announced through the voice of its chairman, Philippe Varin, that the group plans to reduce its number of workers by 6,000 in France until 2012. Th...
PSA Hopes Opel's Sale Will Unsettle Customers
15 Oct 2009, 08:52 UTC · By: Bogdan Popa / The sale of Opel to Canadian - Austrian partsmaker Magna International will surely have an impact on the auto sector and PSA hopes this will unsettle customers and bring more buyers for its models. ...
Top Management Changes at Peugeot Motorcycles
9 Sep 2009, 10:57 UTC · By: Alina Dumitrache / The most recent Peugeot Motorcycles Board of Directors meeting ended with two important changes at the top management level. Due to the fact that Daniel Riviere resigned from the position of Chairma...
PSA Rumored to Court Mitsubishi. Again...
4 Sep 2009, 12:02 UTC · By: Daniel Patrascu / The rumors surrounding a possible tie-up, regardless of its form, between French group PSA and Japanese manufacturer Mitsubishi continue today with a report published in the French media. La Tribune...
MINI May Share Peugeot Citroen Platforms
5 Aug 2009, 19:31 UTC · By: Daniel Patrascu / The cost cutting measures undertaken by automotive players are the prerequisite of today's sometimes odd partnerships and joint ventures. In a world where former rivals become partners and owne...
PSA Plans Second Joint Venture in China
31 Jul 2009, 13:54 UTC · By: Bogdan Popa / PSA continues its global expansion with a new mission: the French alliance wants to form a new joint venture in China. The second one, to be more specific... According to The Financial Times, PSA Pe...
Dongfeng Fengshen S30 Launched in China
30 Jul 2009, 12:08 UTC · By: Daniel Patrascu / The Chinese sedan offensive, launched yesterday with Geely's announcement of the Emgrand EC718, continues today with Dongfeng's Fengshen S30, the manufacturer's first self-developed b...