PSA

PSA names new Peugeot, China, Europe chiefs

July 28, 2016 15:15 CET

PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions.... Read More »

PSA posts record first-half earnings, downplays Brexit impact

July 27, 2016 08:18 CET

PSA unveiled record first-half profits on productivity gains and a European market rebound. The automaker said its operational margin resisted sterling's fall against the euro after the UK voted to quit the EU.... Read More »

PSA plant blames two-day stoppage on Brexit vote

July 22, 2016 11:12 CET

PSA blamed the UK's referendum vote to leave the EU for a decision to suspend production for two days at its Poissy plant near Paris. The automaker said the measure was "just in case" the June decision significantly affects its sales.... Read More »

PSA wins Iran production deal for Citroen brand

July 22, 2016 10:56 CET

PSA has unveiled an Iranian deal to build three Citroen models through a new joint venture. The framework deal follows a production agreement last month between sibling brand Peugeot and state-owned Iran Khodro. PSA's smaller DS badge has also clinched a distribution agreement in the country.... Read More »

PSA moves Chinese HQ closer to partner Dongfeng

July 18, 2016 12:31 CET

PSA has shifted its headquarters for China and Southeast Asia to the central Chinese city of Wuhan in a move that will enable the French automaker to work more closely with its Chinese partner and shareholder Dongfeng, which is based in the city.... Read More »

Brexit forecast to hit car production and jobs in Slovakia

July 15, 2016 12:15 CET

Slovakia, which is home to VW, PSA and Kia car plants, will see slower growth and up to 4,000 job losses as a result of the UK's decision to exit the EU, the country's finance ministry says.... Read More »

PSA tests range-extender technology in EV push

July 13, 2016 11:19 CET

PSA is preparing to test battery-powered cars that recharge with an on-board generator as the automaker hunts for a breakthrough in mass-market electric vehicles to catch rivals Toyota and Renault-Nissan.... Read More »

PSA car sales slide on China weakness as automaker sees slight Brexit impact

July 12, 2016 11:16 CET

PSA's first-half car sales fell 0.2 percent as a weaker Chinese market offset a stronger performance in Europe. The automaker also cautioned that the European market will likely see a slight decline following the UK's Brexit vote.... Read More »

Daimler lures exec from Citroen to lead digital sales unit at Mercedes

12:38 pm U.S. ET | July 11, 2016

Daimler AG has hired a former Citroen executive to run a new department focused on technology sales and marketing as the automaker looks to beef up its digital presence at Mercedes-Benz.... Read More »

LUCA CIFERRI

BLOG: PSA bravely reveals industry's dirty secret

12:01 am U.S. ET | July 7, 2016

Give credit to PSA for being bold enough to reveal in great detail something none of its rivals would publicly admit: That the CO2 numbers on the cars sold in Europe are bogus.... Read More »

Delphi, Linamar to add Morocco plants, minister says

July 5, 2016 11:44 CET

North American parts suppliers Delphi and Linamar will be building plants in Morocco, the country's industry minister said. Morocco need to expand its supply base to support a PSA factory that opens in 2019 as well as Renault's two car assembly plants in the country.... Read More »

Citroen hopes new C3 will help attract young buyers

June 30, 2016 16:00 CET

Citroen hopes that the "punchy" styling of its new C3 will help it attract younger buyers as the automaker returns to its roots with a design that distinguishes it from rivals in Europe's highly competitive subcompact segment.... Read More »

PSA, Dongfeng JV reshuffles China management amid sales slump

June 29, 2016 11:24 CET

PSA's joint venture with Dongfeng in China has appointed a new executive vice president and a new general manager after suffering a sales slump in the first five months of the year.... Read More »

Citroen seeks boost from new wave of quirky cars

June 28, 2016 09:24 CET

Citroen went from oozing elegance and quirky charm to producing vehicles that lacked the panache of their ancestors. The arrival of the C4 Cactus rekindled Citroen's spark. CEO Linda Jackson aims to capitalize on this momentum with new design that's somewhere "between different and bizarre."... Read More »

BILLIONS AT RISK

A split heard round the industry

12:01 am U.S. ET | June 26, 2016

The United Kingdom's stunning decision to abandon the European Union could slash automakers' profits by billions of dollars and cut new-vehicle sales by nearly a million units over the next three years, analysts warned.... Read More »

PSA looking at UK price changes in response to Brexit vote

June 24, 2016 11:57 CET

PSA Group said it was looking at changes to its UK pricing as markets react to Brexit, with the pound falling to new lows.... Read More »

Leoni wins order from PSA for wiring systems for Peugeot, DS models

June 23, 2016 11:14 CET

German supplier Leoni said PSA awarded it a contract worth 500 million euros ($566.95 million) to equip a new DS model as well as the future Peugeot 208 and 2008 with its wiring systems.... Read More »

PSA finalizes Iran deal in bid to rebuild sales

June 22, 2016 14:40 CET

PSA finalized a joint-venture production deal with state-owned Iran Khodro as it prepares its return to the Middle East's biggest auto market.... Read More »

PSA will build new Citroen SUV at French plant

June 21, 2016 09:36 CET

PSA will build a new SUV for Citroen in Rennes, France, giving the brand a more distinct offering in a booming segment.... Read More »

2016 AUTOMOTIVE NEWS EUROPE CONGRESS

New PSA is frugal and agile, Europe chief Martin says

June 16, 2016 06:01 CET

PSA's focus on costs and agility means that it doesn't need partners beyond its Chinese investor Dongfeng for its electrification strategy, said Denis Martin, the automaker's European chief. PSA plans to launch four EVs and seven plug-in hybrids by 2021.... Read More »

Peugeot family ready to increase stake in PSA, report says

June 10, 2016 09:15 CET

The Peugeot family is ready to consider raising its stake in PSA, the carmaker it controlled until a government-backed bailout in 2014, former chairman Thierry Peugeot and other members of the founding clan said in a rare interview with a French newspaper.... Read More »

Paris classics become weekend drivers only

12:01 am U.S. ET | June 6, 2016

Starting next month, it will be illegal to drive through the streets of Paris on weekdays in a car built prior to before 1997, a legislative move on the part of city authorities to improve air quality.... Read More »

BRUCE GAIN

BLOG: Peugeot offers a two-wheel solution for congested cities

9:46 am U.S. ET | June 1, 2016

Peugeot's new 3008 SUV will offer owners a solution to the problem of getting around congested inner cities: an electric bicycle or an electric scooter that can fold up and be stowed -- and charged -- in the trunk.... Read More »

VIDEO: First Shift: Industry having car trouble

12:01 am U.S. ET | May 31, 2016

Snyder: Industry having car trouble; Profits up at VW Group, down at VW brand; Floods in Germany halt Audi production; Blast at Toyota supplier plant; France shedding PSA stake?... Read More »

Peugeot family may be interested in higher PSA stake, report says

May 30, 2016 19:32 CET

The Peugeot family may be interested in raising its shareholding in PSA, Reuters reported. The French government is weighing the possible sale of part or all of its 14 percent shareholding in PSA.... Read More »

 
PSA bravely reveals industry's dirty secret

Luca Ciferri
12:01 am U.S. ET | July 7 2016

image
Give credit to PSA for being bold enough to reveal in great detail something none of its rivals woul ...
 Read More ›

How to push self-driving tech to the limits without the risks

Nick Gibbs
12:01 am U.S. ET | July 6 2016

image
There's a risk-free way to push autonomous cars to their limits. A simulator in the UK is going to d ...
 Read More ›

Volvo defies gravity

Luca Ciferri
8:33 am U.S. ET | July 5 2016

image
Volvo doesn't consider itself a true global player in the premium segment. ...
 Read More ›

BMW CEO scores first big win with Intel, Mobileye deal

Christiaan Hetzner
10:40 am U.S. ET | July 2 2016

image
Led by CEO Harald Krueger, BMW's strong push into autonomous driving with Intel and Mobileye could b ...
 Read More ›

Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

image
Johnson Controls says current car buyer categories aren't telling the full story. ...
 Read More ›

Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

image
Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
 Read More ›

Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

image
I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
 Read More ›

Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

image
Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
 Read More ›

VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

image
As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
 Read More ›

Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

image
When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
 Read More ›

Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
image
European June car sales slow as Brexit vote reduces confidence
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighe ...
 Read More ›
image
Russia car sales fall 13% in June
Russian car sales fell 13 percent in June as an economic crisis driven by low oil prices and Western ...
 Read More ›
image
UK's June car sales fall; gov't asked for support
UK car sales fell for only the second time in more than four years in June, prompting an industry bo ...
 Read More ›
image
W. Europe car sales up 6% in June despite UK decline
Western European car registrations increased nearly 6 percent in June as demand rose last month in G ...
 Read More ›
image
VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
 Read More ›
image
VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
 Read More ›
image
Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
 Read More ›
image
Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
 Read More ›
image
Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
 Read More ›
image
VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
 Read More ›
image
PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
 Read More ›
image
Daimler promotes Turkish unit boss Seeger to Mercedes sales and marketing chief
Daimler named Britta Seeger as global sales and marketing head of Mercedes cars. ...
 Read More ›
image
BMW names former F1 exec Duesmann as new purchasing chief
BMW has appointed Markus Duesmann, its former Formula One powertrain boss and current engine guru, t ...
 Read More ›
image
Fiat Chrysler creates post to oversee global regulatory compliance
Fiat Chrysler as appointed longtime engineering executive Mark Chernoby to a new role as the automaker's global chief technical compliance officer. ...
 Read More ›
image
VW's Seat recruits new sales boss from Audi
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss ...
 Read More ›
image
Daimler lures exec from Citroen to lead digital sales unit at Mercedes
Daimler has hired a former Citroen executive to run a new department focused on technology sales and ...
 Read More ›
image
FCA's U.S. communications chief Ranieri returns to Italy
Gualberto Ranieri, the senior vice president for communications for Fiat Chrysler Automobiles' subsidiary, FCA US, has returned to Italy, seven years after arriving to work... ...
 Read More ›
image
Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
 Read More ›
image
VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
 Read More ›
image
Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
 Read More ›
image
Cadillac XT5 price undercuts rivals in Europe
Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium ...
 Read More ›
image
Honda hopes NSX halo effect will give automaker a boost in Europe
Honda hopes for a halo effect boost in Europe from its NSX supercar. The NSX is a "branding exercise ...
 Read More ›
image
Alfa touts Giulia's driving dynamics
Alfa Romeo claims its new Giulia has better driving dynamics than rivals such as the BMW 3 series be ...
 Read More ›
image
Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
 Read More ›
image
MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
 Read More ›
image
Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
 Read More ›
image
McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
 Read More ›
image
VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
 Read More ›
image
Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
 Read More ›
image
F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
 Read More ›
image
Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
 Read More ›
image
Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
 Read More ›
image
Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
 Read More ›
image
Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
 Read More ›