PSA

PSA-Dongfeng's China sales plunge 17% through July

Aug. 23, 2016 11:59 CET

Sales of Peugeot and Citroen vehicles built by PSA Group's China joint venture, Dongfeng Peugeot Citroen Automobile Co., slumped 17 percent in the first seven months, a report said.... Read More »

PSA increases UK car prices after Brexit vote

Aug. 9, 2016 10:51 CET

PSA has increased prices for its new cars in the UK after the pound plunged following the country's decision to leave the EU. Other automakers including Fiat and Nissan have warned that car prices will have to rise.... Read More »

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. The changes will improve the roll-out of the automaker's mobility services, boost its China performance and ensure that new launches are successful, PSA said.... Read More »

PSA posts record first-half earnings, downplays Brexit

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 »

 
Ghosn's life-changing post-Christmas offer

Douglas A. Bolduc
5:37 am U.S. ET | Aug. 22 2016

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Carlos Ghosn's powers of persuasion are very hard to resist, Nissan Brazil's current boss learned on Dec. 26. 2011. ...
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Automakers face uncertainty over key Chinese government policies

Yang Jian
6:24 am U.S. ET | Aug. 19 2016

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Auto executives in China are worried these days. ...
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Confessions of a diesel junkie


12:01 am U.S. ET | Aug. 3 2016

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My plan to someday drive off into the sunset in a diesel-powered car at the conclusion of my career ...
 Read More ›

Newsletters & Alerts
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VW brand suffers most as car sales fall 2% in Europe's top 5 markets in July
VW brand car sales fell steeply in Europe's top five markets in July as the automaker continued to s ...
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Lada defies Russian market slump with new Western-style cars
Lada bucked the Russia's steep slump with a 4 percent rise in sales last month in a market down 17 p ...
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UK car sales flat in July amid signs of a consumer slowdown
British new-car sales were flat in July but demand from private consumers fell, suggesting a hit to ...
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Western Europe sales fall 2% in first monthly decline since 2013
New-car sales in western Europe fell 2 percent in July, the first monthly decline since August 2013, ...
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German car sales fell 3.9% in July as VW Group takes big hit
New-car sales in Germany fell 3.9 percent in July on fewer selling days, with VW Group brands suffer ...
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Italy car sales growth slows to 2.9% in July
New-car sales in Italy grew by 2.9 percent in July -- less than the double-digit growth recorded in ...
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French new-car sales plunged nearly 10% in July
French car sales fell 9.6 percent in July on fewer selling days with PSA and VW Group suffering stee ...
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Europe's first-half sales growth beats predictions, but Brexit could slow surge
Europe's first-half car sales grew by a stronger-than-expected 9.1 percent with nearly every automak ...
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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 ...
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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 ...
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Bentley names new head of exterior design
Bentley has promoted John Paul Gregory to its head of exterior design. Gregory was previously advanc ...
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Bentley names new head of exterior design
Bentley has promoted John Paul Gregory to its head of exterior design. Gregory was previously advanc ...
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Audi lures Volvo exec to lead electrics unit
Audi has hired former high-ranking Volvo executive Thomas Mueller to be its head of electrics/electr ...
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Volkswagen Group appoints China chief for VW brand
VW Group appointed veteran manager Stephan Woellenstein to the newly created position of CEO for the ...
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Ford promotes UK exec Periam to Europe finance chief
Ford executive Will Periam is the new chief financial officer of the automaker's European subsidiary ...
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Ex-Mini design chief Warming joins Chinese-backed Borgward
Borgward, a German brand that has been revived with Chinese backing, has recruited Mini's former des ...
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PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
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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. ...
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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 ...
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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. ...
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Hyundai sees Ioniq as brand hero
Hyundai sees its new Ioniq as its green flagship and a key image booster in Europe even if sales wil ...
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Seat expects Ateca to strengthen its profitability
Seat, which recently returned to profitability after years of losses, expects to further strengthen ...
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Ford makes Edge its European flagship
Ford says it will target premium rivals including the Volvo XC60 and Audi Q5 with its new European f ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Suppliers to the new VW Tiguan
VW started production of the new Tiguan in January at its factory in Wolfsburg, Germany. Output is e ...
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Suppliers to the new Bentley Bentayga
Bentley Bentayga production began in November 2015 at the brand's factory in Crewe, England. ...
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Suppliers to the new Renault Talisman
Assembly of the new Renault Talisman began in September 2015 at Renault's factory in Douai, France. ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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