Dongfeng-PSA sales rise 37% in April on new modelsMay 21, 2013 08:49 CET PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and Peugeot 3008 models.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Citroen reinvents itselfMay 8, 2013 06:01 CET Peugeot and Citroen have suffered for years because car buyers have trouble distinguishing one brand from the other. Citroen CEO Frederic Banzet is determined to change that.... Read More »
PSA names industry veteran as Citroen's deputy CEOApril 26, 2013 06:01 CET PSA named veteran industry executive manager Yves Bonnefont as Citroen's deputy CEO. Bonnefont will lead the expansion of the upscale DS subbrand as well as the new positioning of Citroen's C-line of vehicles.... Read More »
2013 SHANGHAI AUTO SHOW French automakers count on luxury appeal for success in ChinaApril 19, 2013 06:01 CET German automakers have long seen China as a key market. Now their French rivals, hit by slow sales in Europe, are playing catch up, and they are counting on the popularity of France's luxury fashion brands to help them.... Read More »
SHANGHAI AUTO SHOW PREVIEW A bevy of crossovers and SUVs will take center stage at China's auto extravaganza 12:01 am U.S. ET | April 15, 2013 Automakers will test China's huge appetite for crossovers and SUVs with introductions this week at the Shanghai auto show. Acura, BMW, Citroen, Mercedes-Benz and Volkswagen plan world debuts for compact crossovers, while Jeep -- which arguably started the SUV craze -- will roll out its new Cherokee.... Read More »
2013 SHANGHAI AUTO SHOW Citroen Wild Rubis previews SUV for upscale DS lineApril 11, 2013 09:00 CET Citroen's Wild Rubis concept showcases the first SUV/crossover to be sold under the brand's upscale DS line. The concept will mainly be targeted at high-earning Chinese customers.... Read More »
CHINA Dongfeng-PSA venture sales, fueled by 2 new models, jump 20% in MarchApril 8, 2013 06:01 CET ![]()
SALES Fiat turns to Germany as Italy sales seen as worst since 1966April 5, 2013 06:01 CET Fiat, faced with Italy sales that could fall to their lowest level for 47 years, is seeking to boost sales in Germany by offering steeper discounts than any other automaker there. Plummeting deliveries, hit by political turmoil, are upending Italy's auto industry and will hit Fiat, which makes 56 percent of its sales in the country, especially hard. As a result, hundreds of Italian dealerships are closing and factories are running at half capacity.... Read More »
PSA launches new brand strategy for Peugeot and CitroenMarch 12, 2013 06:01 CET PSA aims to shift the positioning of its two brands further apart, although analysts are skeptical of the move. Peugeot and Citroen cars chase a very similar customer base, which has been a problem for the French automaker for a long time. Presenting the automaker's 2012 financial results last month, CEO Philippe Varin admitted: “Our brands are too close.”... Read More »
PSA sees China turning into biggest market as Europe weakensFeb. 26, 2013 06:01 CET PSA predicts China will overtake France as its biggest market as early as 2015. The automaker expects to boost sales in China this year by 22 percent to 540,000 vehicles.... Read More »
2013 GENEVA AUTO SHOW Citroen shrinks the C4 PicassoFeb. 19, 2013 11:23 CET Citroen will give its next C4 Picasso a more compact size and better fuel efficiency to propel the model to higher in the medium minivan segment where it lags behind Renault, Ford and Volkswagen.... Read More »
PAUL MCVEIGH Three words describe PSA's new brand strategy 12:01 am U.S. ET | Feb. 15, 2013 CEO Philippe Varin said PSA's latest product strategy can be summarized in three words for each brand and subbrand.... Read More »
PSA to shift Peugeot brand upscale in bid to return to profit 1:57 am U.S. ET | Feb. 13, 2013 PSA laid out plans to move its namesake Peugeot brand upscale to help the automaker return to profit after the company posted a record 5 billion euro ($6.73 billion) net loss for 2012.... Read More »
PSA will move Peugeot brand upscale in bid to return to profitFeb. 13, 2013 07:57 CET PSA laid out plans to move its namesake Peugeot brand upscale to help the automaker return to profit after the company posted a record 5 billion euro ($6.73 billion) net loss for 2012.... Read More »
PSA, Fiat, Opel, others at risk from LCV shake-upFeb. 5, 2013 06:01 CET Europe's light commercial vehicle sector is headed toward a major shake-up that is likely to put added financial pressure on struggling brands such as Peugeot, Citroen, Renault, Opel and Fiat.... Read More »
GM's troubled Opel unit gets a new boss and new platforms 12:01 am U.S. ET | Jan. 28, 2013 Opel AG, the European unit that has been a drag on General Motors' profits, is getting a new boss from Volkswagen AG and new platforms from PSA Peugeot Citroen.... Read More »
BRUCE GAIN Car marketing tweaked due to tough times 12:01 am U.S. ET | Jan. 14, 2013 Europe's shrinking car market has changed automakers' marketing messages. Since early 2012, carmakers have shifted from generic, brand-focused campaigns to ads that show how specific features benefit drivers -- and their wallets.... Read More »
LUCA CIFERRI The end is near for the French flagship sedan 6:00 am U.S. ET | Dec. 12, 2012 France will no longer have a domestically produced flagship when output of the Citroen C6 ends later this month. The C6's demise marks the end of an era in France that reached its pinnacle in the 1950s. That was when the first Citroen DS sedan arrived.... Read More »
LUCA CIFERRI The end is near for the French flagship sedan 6:00 am U.S. ET | Dec. 12, 2012 France will no longer have a domestically produced flagship when output of the Citroen C6 ends later this month. The C6's demise marks the end of an era in France that reached its pinnacle in the 1950s. That was when the first Citroen DS sedan arrived.... Read More »
PSA JV will build 3 Citroen DS models in China by 2014, report saysDec. 7, 2012 08:52 CET PSA's China joint venture with Changan Automobile plans to produce three Citroen DS models -- the DS5, a three-box sedan and an SUV -- in the country by 2014, according to a Chinese newspaper report. PSA currently imports the DS3, DS4 and DS5 into China.... Read More »
Automakers shrink their European dealer networksNov. 29, 2012 06:01 CET Automakers are using the expiry of the EU's block exemption regulations for new-car sales to eliminate underperforming dealers and shrink dealer networks in countries where vehicle sales are falling heavily.... Read More »
FROM THE CURRENT ANE PRINT ISSUE PSA's Saint-Geours tackles big challengesNov. 16, 2012 06:01 CET PSA/Peugeot-Citroen head of brands Frederic Saint-Geours says the company's alliance with General Motors is just one element in the French automaker's restructuring plan. PSA also needs to reduce its over-reliance on Europe and move its Peugeot and Citroen brands more upscale to support a strong industrial presence in high-labor-cost France.... Read More »
Fiat doesn't need access to Chrysler's cash, Marchionne saysNov. 16, 2012 06:34 CET Fiat, which plans to merge with Chrysler, doesn't need access to its partner's cash, which currently has limits on its use, the chief executive of both companies said.... Read More »
GLOBAL MONTHLY Citroen launches service that helps customers rent their carsOct. 26, 2012 06:01 CET Citroen is offering a new variation of car-sharing that it hopes will improve the brand's recognition among younger buyers and boost new-car sales. The French company's Multicity program enables Citroen owners to rent their vehicles to other people. Citroen is the first to offer peer-to-peer car-sharing in Europe. In the United States, GM offers a similar program with its partner RelayRides.... Read More »
GM, PSA will co-develop four vehicle projectsOct. 24, 2012 08:48 CET General Motors and PSA/Peugeot-Citroen will co-develop four vehicle projects as part of their alliance, the companies said in a statement today.... Read More »
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