PSA

PSA will pay Iran partner $446 million compensation for quitting market, report says

Feb. 8, 2016 11:28 CET

PSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency.... Read More »

PSA plans to cut 850 jobs at French factory, report says

Feb. 5, 2016 11:04 CET

PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported.... Read More »

RICHARD TRUETT

BLOG: Sergio's plan to sell rebadged Dart, 200 replacements could work -- if he chooses wisely

11:00 am U.S. ET | Feb. 2, 2016

FCA just may be able to replace the Dart and 200 with more salable vehicles. The key to success: The replacements must not be available here from any other manufacturer.... Read More »

PSA will recall 2,484 cars in Russia over possible problem with electronics

Feb. 2, 2016 14:18 CET

PSA/Peugeot-Citroen will recall 2,484 Peugeot 4007 crossovers in Russia because of possible problems with their electronics systems.... Read More »

Ford, aiming for pickup fuel economy crown, preps diesel-powered F-150

2:30 pm U.S. ET | Jan. 28, 2016

Ford appears to be gearing up to launch a diesel-powered version of the F-150, possibly as early as next year, and wrest the fuel efficiency crown from the hot-selling Ram 1500 EcoDiesel. Diesel-powered F-150 test trucks have been spotted running around Ford's product development center in Dearborn, Mich.... Read More »

PSA will invest $435 million to upgrade plant in Iran

Jan. 28, 2016 10:53 CET

PSA/Peugeot-Citroen and its long-time Iranian partner will invest $435 million upgrading their auto plant near Tehran to produce 100,000 vehicles a year. The revamped factory will make the Peugeot 208 hatchback, 301 sedan and 2008 crossover.... Read More »

PSA appoints former Yahoo exec as chief digital officer

Jan. 28, 2016 06:01 CET

PSA named former Yahoo executive Brigitte Cantaloube as the automaker's first chief digital officer to help spearhead the company's "digital transformation."... Read More »

PSA board may meet over deal with Iran, report says

Jan. 25, 2016 23:01 CET

PSA could convene a board meeting to discuss business opportunities in Iran on Wednesday, a source close to the company said ahead of a visit by Iranian President Hassan Rouhani. Before leaving Tehran, Rouhani was quoted on state TV as saying he expected to close a deal with PSA during the trip.... Read More »

PSA, Renault, FCA eye deals as Iran president tours EU

Jan. 25, 2016 16:14 CET

Iranian President Hassan Rouhani arrived in Italy on Monday for the first stop of a European tour that may see him explore manufacturing partnerships with Fiat Chrysler Automobiles, PSA and Renault. FCA CEO Sergio Marchionne has said he sees opportunities in Iran.... Read More »

PSA's upscale brand refreshes aging DS 3 top-seller

Jan. 22, 2016 11:13 CET

DS Automobiles, PSA/Peugeot-Citroen's upscale brand, has given the DS 3 hatchback a fresh design, better connectivity and new engine options to boost sales of its aging top-seller.... Read More »

PSA may start fresh union talks by end of March

Jan. 22, 2016 12:02 CET

PSA/Peugeot-Citroen could start talks with French unions on a new competitiveness plan by the end of March, Reuters reported. PSA said working methods and digitalization would be of future labor talks.... Read More »

Top designers share their top picks

12:01 am U.S. ET | Jan. 19, 2016

Toronto's Globe and Mail newspaper had a little fun recently with some of the industry's leading designers. The paper asked them to pick their favorite cars from other companies.... Read More »

European sales growth will slow this year, say Daimler, Ford, Volvo CEOs

Jan. 16, 2016 06:01 CET

European automotive executives expect the region's car sales to grow for a third straight year in 2016, but they say the overall volume will continue to trail the record high of more than 16 million reached in 2007.... Read More »

Nigeria state bank to sell stake in Peugeot factory

Jan. 14, 2016 06:01 CET

Nigeria's state-backed bank AMCON plans to sell its majority stake in PSA/Peugeot-Citroen's local joint venture. The bank is seeking bids from investors with experience in automobile manufacturing.... Read More »

PSA sales gain hit by China slowdown, weak Citroen

Jan. 12, 2016 09:00 CET

PSA/Peugeot-Citroen's global vehicle sales rose by just 1.2 percent last year as a China slowdown and emerging-markets slump almost cancelled out the benefit of a European auto recovery.... Read More »

Top designers share their top picks

12:01 am U.S. ET | Jan. 11, 2016

Toronto's Globe and Mail newspaper had a little fun recently with some of the industry's top designers. The paper asked them to pick their favorite cars from other companies.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Citroen will keep focus on quirky designs

Jan. 10, 2016 06:01 CET

Citroen's reinvention hinges on offering unconventionally designed cars such as the C4 Cactus, the automaker's Citroen Strategy Director, Mathieu Bellamy, told Automotive News Europe.... Read More »

Peugeot-Citroen merger architect Roland Peugeot dies

Jan. 8, 2016 11:40 CET

French industrialist Roland Peugeot, who oversaw the merger of the Peugeot and Citroen brands, has died at age 89.... Read More »

Toyota, PSA boost joint Czech output 8% in 2015

Jan. 8, 2016 11:49 CET

Toyota and PSA/Peugeot-Citroen's factory in the Czech Republic increased production by 8 percent in 2015... Read More »

PSA posts flat Peugeot, Citroen China sales in 2015

Jan. 5, 2016 13:51 CET

PSA delivered 704,818 Peugeot and Citroen branded vehicles in China in 2015, virtually unchanged from 704,016 in 2014 as the Chinese car market continued to cool in the second and third quarters. PSA, along with partner Dongfeng, aims to increase sales 7.6 percent this year.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for January

Jan. 4, 2016 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 the green evolution of top global racing series is making it easier for Mercedes, Renault, Porsche and other automakers to quickly transfer successful technologies from the track to production models.... Read More »

Citroen seeks image boost with modern-day Mehari

Dec. 7, 2015 17:32 CET

Citroen unveiled a modern version of its iconic 1960s Mehari convertible that it hopes will give the brand an image boost. The E-Mehari will go on sale in Europe next year as an all-electric car.... Read More »

Citroen appoints new China chief for DS brand

Dec. 1, 2015 11:50 CET

PSA/Peugeot-Citroen has named company veteran Thierry Poriat as general manager of its DS subbrand in China.... Read More »

PSA stakeholder Dongfeng removes president after gov't graft probe

Nov. 26, 2015 11:41 CET

Dongfeng said it removed President Zhu Fushou from his position after the government launched an investigation into the executive for suspected graft earlier this month. Dongfeng owns a 14.1 percent stake in France's PSA and has joint ventures with PSA, Renault, Nissan and Honda.... Read More »

PSA must improve performance in Germany, CEO says

Nov. 26, 2015 16:40 CET

PSA must urgently improve its position in Germany, where its market share lags rivals VW brand and Opel as the automaker fails to convince customers of the value and attractiveness of its cars, CEO Carlos Tavares told a German magazine.... Read More »

 
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