France

Valeo raises 2014 profit forecast

July 25, 2014 06:01 CET
French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies....
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German market slows down in June

July 1, 2014 15:43 CET
French, Spanish and Italian car sales rose in June while the German market slowed down, held back by fewer working days as the European market rebound remained intact....
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PSA seeks 500 job cuts at French plant

June 25, 2014 16:27 CET
PSA will offer workers at its plant in Rennes, France, early retirement benefits to reduce headcount at the site by about 10 percent. PSA builds the Peugeot 508 and Citroen C5 in Rennes....
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Renault names new engineering chief

June 25, 2014 12:02 CET
Renault named company veteran Gaspar Gascon Abellan as its new engineering chief. Abellan succeeds Jean-Michel Billig, who has left the automaker to work on personal projects....
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PSA's domestic revamp begins with downsizing of Mulhouse plant

June 12, 2014 13:10 CET
PSA said it will revamp and shrink its Mulhouse plant in France as the carmaker begins work on a recovery plan. PSA briefed unions on the introduction of two new large cars and a compact model at the factory....
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German car sales rebound 5% in May

June 3, 2014 11:30 CET
German new-car registrations rose 5 percent in May after a 4 percent dip in April in a sign that demand is still recovering in Europe's biggest auto market....
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French car market stays on growth path with slight rise in May sales

June 2, 2014 10:22 CET
French new car sales inched 0.1 percent higher in May, led by domestic automaker Renault. The CCFA industry body says it could raise its 2014 growth forecast....
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Peugeot family says it will remain influential in PSA

May 15, 2014 09:04 CET
The Peugeot family will remain influential in PSA/Peugeot-Citroen after China's Dongfeng and the French state took stakes in the automaker, Robert Peugeot, head of the FFP family holding company, said....
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French court overturns Mercedes sales ban

May 5, 2014 16:19 CET
France's top administrative court has overturned the French government's decision last year to ban the sale of certain Mercedes vehicles in a dispute over an air-conditioning refrigerant....
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German car sales fall for first time in five months

May 5, 2014 12:56 CET
Sales of new cars in Germany fell by nearly 4 percent in April, bucking the trend in the other major western European markets of France, Italy and Spain where sales were up....
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Auto recovery takes firmer hold in France

May 2, 2014 09:57 CET
Renault led a 6 percent gain in French new-car sales in April as the European auto market recovery took a firmer hold in the region's third-biggest market....
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PSA begins stock sale after Dongfeng, France buy stakes

April 29, 2014 10:45 CET
PSA/Peugeot-Citroen is offering stock to investors at 6.77 euros a share after selling stakes to Dongfeng Motor and the French state at a higher price. The lower price "is further negative news" for the automaker," according to an analyst....
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Renault unions seek clarification on Flins plant cuts

April 11, 2014 08:14 CET
Renault unions demanded clarification over production and job cuts being considered at the carmaker's Flins plant near Paris. The plant builds the Clio subcompact and Zoe elecrtic car....
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European car sales recovery gains pace as German deliveries rise 5%

April 2, 2014 12:46 CET
Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs that a recovery in the European market is gaining strength....
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French new-car sales rise 9% but market still in 'crisis mode'

April 1, 2014 11:07 CET
French car sales rose 9 percent in March -- helped by strong gains for Renault and PSA -- but the CCFA industry association remains cautious, warning: "We're still in crisis mode."...
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GM faces French dealer challenge over Chevy exit from Europe

March 28, 2014 19:47 CET
GM is facing a legal battle with a group of French Chevrolet dealers who are preparing to go to court over the terms of the brand's withdrawal from Europe....
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GM faces French dealer challenge over Chevy exit from Europe

1:47 pm U.S. ET | March 28, 2014
General Motors is facing a legal battle with a group of French Chevrolet dealers who are preparing to go to court over the terms of the brand's withdrawal from Europe....
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PSA to cut executive pension packages, report says

March 20, 2014 13:04 CET
PSA/Peugeot-Citroen will cut the size of its executive pension packages, a French daily reported, months after public criticism forced former CEO Philippe Varin to turn down his pension....
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Dongfeng CEO says his company won't 'eat' PSA

March 15, 2014 06:01 CET
Dongfeng CEO Zhu Fushou has sought to quell fears over his company's planned purchase of a 14 percent stake in PSA, saying the Chinese company was not seeking to take control of PSA....
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PSA to boost Peugeot 308 output on high demand

March 14, 2014 14:27 CET
PSA will increase production of the Peugeot 308 hatchback after receiving 60,000 orders for the new model since its launch in October....
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Renault says French dealerships open despite strike

March 14, 2014 17:51 CET
Renault said a strike at its company owned dealerships in France had little support and did not impact customers....
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French government to cut stake in Valeo

March 12, 2014 11:48 CET
The French government will reduce its stake in supplier Valeo, reversing a move it made five years ago as part of its attempts to shore up the country's crisis-hit car industry....
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FEBRUARY SALES EUROPE

Europe's car-sales recovery continues but France lags behind

March 3, 2014 10:44 CET
Strong new-car sales in Germany, Italy and Spain last month added to the growing optimism over Europe's market recovery, though a dip in French demand suggests the recovery remains uneven....
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New PSA boss Tavares eyes further cost cuts

March 3, 2014 21:32 CET
PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said....
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PSA-Dongfeng deal seen as necessary, but skepticism remains

Feb. 20, 2014 12:27 CET
PSA/Peugeot-Citroen's tie-up with Dongfeng and the French government may not bring stability to the struggling automaker, observers said. PSA will change radically after “the dragon came to the rescue of the lion," a newspaper said....
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