PSA/Peugeot-Citroen names CFO Frederic Saint-Geours as brands chief

PSA/Peugeot-Citroen has named Chief Financial Officer Frederic Saint-Geours as executive vice president for brands, replacing Jean-Marc Gales who is leaving the automaker to be the CEO of... Read more

PSA/Peugeot-Citroen to lay off 5,000 of its employees in France

PSA/Peugeot-Citroen intends will lay off 5,000 of its employees in France, a CGT union official disclosed. This means that compared to previous announcement, a higher proportion of... Read more

PSA/Peugeot-Citroen to halt production at its Slovak facility

The Slovak facility of PSA/Peugeot-Citroen will put production on hold at the end of the month due to the decrease in orders brought about by the more difficult outlook in Europe with the... Read more

PSA/Peugeot-Citroen unveils the VELV Concept

At a forum organized by the French Environment and Energy Management Agency (ADEME), PSA Peugeot Citroën is presenting a light electric vehicle known by its French acronym VELV, which is... Read more

PSA considers partnerships with aluminum suppliers to built lighter cars

As part of a plan to build vehicles that are lighter, PSA/Peugeot Citroen SA may be partnering with aluminum suppliers, according to PSA CEO Philippe Varin at the Metal Bulletin aluminum... Read more

PSA/Peugeot-Citroen may post a loss in the second half of this year

The automotive unit of PSA/Peugeot-Citroen may record a loss in the second half of this year due to the impact of the March earthquake in Japan as well as the rising material costs, the... Read more

PSA/Peugeot-Citroen expects a new sales record this year due to global expansion

A new sales record this year is what PSA/Peugeot-Citroen anticipates as it continues to work to increase its global presence. In an interview with Automotive News Europe, PSA brand boss... Read more

PSA/Peugeot-Citroen wants an eco-friendly car to each of its customer segments

PSA/Peugeot Citroen SA is seeking to produce a vehicle that is environment-friendly for each of its segments, the company's Philippe Varin disclosed in a car conference on Thursday in... Read more

Vw, Kia and PSA planning to boost production in Slovakia

The Association of the Slovak Automotive Industry said that production will likely be increased by 12% at the Slovak factories of Volkswagen, PSA/Peugeot-Citroen and Kia as overseas... Read more

PSA reassured workers that its factory in Aulnay won’t close

PSA/Peugeot-Citroen SA denies press reports that the factory in Aulnay, near Paris, will be shut down in order to boost its competitiveness. The company released a statement to reassure... Read more

PSA and Renault topped a European car sales decline in April 2011

Europe experienced a decline in car sales in April, the 12th drop in 13 months, with Renault SA and PSA/Peugeot-Citroen SA topping the list. Deliveries dropped 3.8 percent from the same... Read more

PSA/Peugeot-Citroen not planning to renew joint venture with Fiat after 2017

PSA/Peugeot-Citroen SA won’t renew a northern France joint venture with Fiat S.p.A. after 2017. Instead, it pledged to make an investment of 355 million euros ($511 million) in over three... Read more

Toyota, PSA/Peugeot, BMW are nearest to hitting CO2 targets, JATO study states

Market researchers at JATO Dynamics released the results of the study that identifies Toyota Motor Corp., PSA/Peugeot-Citroen SA and BMW AG as the automakers that are nearest to reaching... Read more

Toyota Peugeot Citroen venture expects production to increase in 2012

Toyota Peugeot Citroen Automobile anticipates an increase in production in 2012. Compared to last year, the pretax profit at the joint venture (formed by Toyota Motor Corp. and... Read more

PSA/Peugeot-Citroen, Renault and Fiat pushed by Vw into a price war

Renault S.A., Fiat S.p.A. and PSA/Peugeot-Citroen S.A. are being forced by market leader Volkswagen AG into a price war that endangers their goals to increase profits. Introduced in... Read more

Volkswagen and PSA to invest more than $1.52 billion in China

Chinese state media recently reported that automakers including PSA/Peugeot-Citroen and Volkswagen AG will invest more than JPY10 billion ($1.52 billion) in manufacturing capacity in... Read more

PSA reported a full-year profit and raised its three-year savings target

PSA/Peugeot said in a recent statement that its net income was EUR1.13 billion ($1.54 billion) in 2010, compared with a EUR1.16 billion loss a year earlier. The company reported a... Read more

Dongfeng Peugeot Citroen posts 38% increase in sales in 2010

Dongfeng Peugeot Citroen Automobile Co. sold over 373,400 vehicles in 2010, a 38% increase from 2009. Of this figure, 149,400 are Peugeot vehicles and 224,000 are Citroens. Its sales... Read more

BMW and PSA/Peugeot-Citroen to make hybrid powertrain components

According to the latest reports, it appears that Bmw and PSA/Peugeot-Citroen will extend their engine partnership. The new partnership will include jointly developed hybrid powertrain... Read more

PSA/Peugeot-Citroen expects China to become its No. 1 market

PSA/Peugeot-Citroen predicts that its sales in China will exceed 350,000 cars this year, which is double what it sold in 2008, according to CEO Philippe Varin. With this forecast, the... Read more

PSA and Renault repaying a third of the 6 billion euros loan

Renault and PSA/Peugeot-Citroen are prepared to repay about a third of the 6 billion euros ($7.6 billion) in loans received from the French government loans to assist them in getting by... Read more

Changan Auto will get a stake in PSA China tie-up

Chongqing Changan Automobile will enter a joint venture with PSA/Peugeot-Citroen, taking over from its parent, China Changan Automotive Group. Last July, the companies revealed that the... Read more

PSA/Peugeot-Citroen planning to export cars from China

PSA/Peugeot-Citroen’s plan to construct a new China car plant with Dongfeng Motor Group is on course, according to Asia chief Gregoire Olivier.

As early as 2011, PSA may start exporting... Read more

PSA, Mitsubishi small car talks could be concluded soon

The negotiations between PSA/Peugeot-Citroen and Mitsubishi Motors Corp. to use one of the Mitsubishi's platforms for small, low-range cars will conclude soon, according to a report last... Read more

PSA/Peugeot-Citroen names Caroline Mille-Langlois as new head communications

Starting March 1, there will be a new head of corporate communications at PSA/Peugeot-Citroen. Caroline Mille-Langlois succeeds Liliane Lacourt, who is set to retire on March 31 after... Read more

Suzuki to reconsider ties with PSA/Peugeot-Citroen and Renault

After deciding to end development projects with General Motors Co. for hybrid and fuel-cell technologies in February, Suzuki Motor Corp. said that it would reconsider ties with... Read more

Bmw and PSA to build a front-wheel-drive 1-Series

The joint venture of BMW and PSA Peugeot Citroen is set to extend operations to include a new small car platform, which will likely be used to create a front-wheel-drive 1-Series and the... Read more

PSA/ Peugeot-Citroen will sell two compact SUVs based on Mitsubishi ASX

Standing for their fourth industrial collaboration, PSA/Peugeot-Citroen will soon sell two compact SUVs that are based on Mitsubishi Motors Corp.'s new ASX sport-utility. Aside from this... Read more

Vw, GM and PSA possible partners for Malaysian carmaker Proton

Amid the threat of foreign competition, Malaysia is seeking a partner for national carmaker Proton. There are speculations that Proton could again try for a tie-up with Volkswagen AG or... Read more

Vw, Fiat and PSA Peugeot Citroen concerned about metals prices

Due to changes to iron-ore pricing setups, steel costs have increased suddenly. This is believed to cause problems for carmakers, Volkswagen AG, PSA Peugeot Citroen and Fiat SpA.... Read more