Peugeot aiming to boost profits by creating upscale niche models
To increase profits, Peugeot will be developing upscale niche models from volume platforms. One prime example of this strategy is the sporty RCZ, a 2+2 coupe that resembles the Audi TT.... Read more
Kia to launch a sporty coupe within the next two years
In line with its plan to have a car in all major sectors in the next 5 years, Kia will soon launch a sporty front-wheel-drive coupe, according to an unnamed senior official. The sports... Read more
PSA/Peugeot-Citroen posted a 27.5 percent rise in first-quarter revenues
On Wednesday, PSA/Peugeot-Citroen posted a 27.5% rise in first-quarter revenues. Sales were recorded at over 14 billion euros ($18.84 billion), exceeding expectations. Signs of an upturn... Read more
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