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Peugeot 2008 SUV Spotted Testing In India Sans Camouflage
The Peugeot 2008 crossover SUV has been spotted testing in India, and the test mule was seen without any camouflage.
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Fiat Chrysler, Peugeot Get Green Light For $52 Billion Carmaker
Stellantis will have 14 brands, from FCA's Fiat, Maserati and U.S.-focused Jeep, Dodge and Ram to PSA's traditionally Europe-focused Peugeot, Citroen, Opel and DS.
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Peugeot Maker PSA Says It's Prepared For The Plunge In Car Demand
PSA has enough funds to cope with a halving in auto industry sales this year, the French carmaker said on Tuesday as it warned of a plunge in demand due to the coronavirus pandemic and said it would try to avoid tapping state aid if possible.
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Peugeot Maker PSA's Revenue, Profits Rise In 2019
PSA said group revenue came in at 74.7 billion euros ($81.2 billion), up 1% from a year earlier and slightly above the average of 74.2 billion euros seen in a Refinitiv poll of analysts. Operating margins reached a record 8.5%.
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Peugeot To Repatriate Staff From China's Wuhan Area After Coronavirus Outbreak
French automotive group PSA, maker of the Peugeot and Citroen brands, said in a statement it will repatriate expat staff and their families from the Wuhan area in China, which is at the centre of an outbreak of coronavirus.
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China's Dongfeng Plans Partial Sale Of PSA Stake: Report
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler (FCA).
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SUV Demand Helps PSA Group Counter Auto Market Gloom
PSA Group reported a rise in third-quarter revenue on Wednesday on strong demand for its pricier SUV models, but the French carmaker said overall vehicle sales fell, and it lowered outlook for major auto markets.
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Peugeot, Dongfeng Agree To Restructuring Plan For Chinese Venture
Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025, PSA said on Thursday.
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PSA, Dongfeng To Drop 2 China Auto Plants, Halve Workforce
in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world's largest auto market loses steam. Dongfeng Peugeot Citroen Automobiles (DPCA), the carmakers' joint venture based in Wuhan, central China, will halve its workforce to 4,000 as it closes one p...
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PSA's Revenue Hit By Overseas Decline, Iran Withdrawal
While the Opel deal has bolstered PSA's European position, overseas sales have suffered from a sustained collapse at its Chinese joint ventures and have been compounded by the carmaker's withdrawal from Iran last year.
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Ambassador To Return As PSA's EV Brand For India
PSA has said that the Ambassador brand will be used exclusively for electric vehicles to be sold in India only. The sub-brand will be the first new addition to the PSA family, after its last acquisition of erstwhile GM brands Opel and Vauxhall in August 2017.
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PSA Group To Launch Citroen Brand In India; First Model To Come By 2021-End
PSA Group today announced its plan to launch its Citroen brand in India. While details about the model are still unknown, the company has confirmed that the Citroen's first vehicle for India will arrive by the end of 2021.
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Toyota And PSA To End Joint Production Of Small Cars By 2021
Toyota will acquire PSA's stake in the joint venture which includes both the parties at present and will integrate the Czech based plant of Kolin into its industrial apparatus. The Kolin based factory which is built on a greenfield site in Czech had added strength to the collaboration between Toyota and Suzuki. This is where PSA (Peugeot-Citroen) a...
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GM To Sell Opel To Peugeot For $ 2.33 Billion
Car manufacturers General Motors and the PSA Group, which has the Peugeot, Citroen and the DS brands under its umbrella have agreed to a deal where PSA Group will be purchasing the Opel and the Vauxhall brands from GM for 2.2 billion Euros. This will enable PSA Group to become the second largest car manufacturer in Europe, with a market share of 17...
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Peugeot, Citroen Or DS: Which Brand Should PSA Bring To India?
Peugeot and PSAs entry into India has been confirmed in association with the Birla group with a tentative plan to have an assembly plant in Chennai. PSA does have a few products in that range offering including the Peugeot 3008 but we think the DS4 Crossback would be a more ideal offering due to its design and the DS brands young and modern global...
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Peugeot 2008 SUV Spotted Testing In India Sans Camouflage
The Peugeot 2008 crossover SUV has been spotted testing in India, and the test mule was seen without any camouflage.
-
Fiat Chrysler, Peugeot Get Green Light For $52 Billion Carmaker
Stellantis will have 14 brands, from FCA's Fiat, Maserati and U.S.-focused Jeep, Dodge and Ram to PSA's traditionally Europe-focused Peugeot, Citroen, Opel and DS.
-
Peugeot Maker PSA Says It's Prepared For The Plunge In Car Demand
PSA has enough funds to cope with a halving in auto industry sales this year, the French carmaker said on Tuesday as it warned of a plunge in demand due to the coronavirus pandemic and said it would try to avoid tapping state aid if possible.
-
Peugeot Maker PSA's Revenue, Profits Rise In 2019
PSA said group revenue came in at 74.7 billion euros ($81.2 billion), up 1% from a year earlier and slightly above the average of 74.2 billion euros seen in a Refinitiv poll of analysts. Operating margins reached a record 8.5%.
-
Peugeot To Repatriate Staff From China's Wuhan Area After Coronavirus Outbreak
French automotive group PSA, maker of the Peugeot and Citroen brands, said in a statement it will repatriate expat staff and their families from the Wuhan area in China, which is at the centre of an outbreak of coronavirus.
-
China's Dongfeng Plans Partial Sale Of PSA Stake: Report
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler (FCA).
-
SUV Demand Helps PSA Group Counter Auto Market Gloom
PSA Group reported a rise in third-quarter revenue on Wednesday on strong demand for its pricier SUV models, but the French carmaker said overall vehicle sales fell, and it lowered outlook for major auto markets.
-
Peugeot, Dongfeng Agree To Restructuring Plan For Chinese Venture
Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025, PSA said on Thursday.
-
PSA, Dongfeng To Drop 2 China Auto Plants, Halve Workforce
in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world's largest auto market loses steam. Dongfeng Peugeot Citroen Automobiles (DPCA), the carmakers' joint venture based in Wuhan, central China, will halve its workforce to 4,000 as it closes one p...
-
PSA's Revenue Hit By Overseas Decline, Iran Withdrawal
While the Opel deal has bolstered PSA's European position, overseas sales have suffered from a sustained collapse at its Chinese joint ventures and have been compounded by the carmaker's withdrawal from Iran last year.
-
Ambassador To Return As PSA's EV Brand For India
PSA has said that the Ambassador brand will be used exclusively for electric vehicles to be sold in India only. The sub-brand will be the first new addition to the PSA family, after its last acquisition of erstwhile GM brands Opel and Vauxhall in August 2017.
-
PSA Group To Launch Citroen Brand In India; First Model To Come By 2021-End
PSA Group today announced its plan to launch its Citroen brand in India. While details about the model are still unknown, the company has confirmed that the Citroen's first vehicle for India will arrive by the end of 2021.
-
Toyota And PSA To End Joint Production Of Small Cars By 2021
Toyota will acquire PSA's stake in the joint venture which includes both the parties at present and will integrate the Czech based plant of Kolin into its industrial apparatus. The Kolin based factory which is built on a greenfield site in Czech had added strength to the collaboration between Toyota and Suzuki. This is where PSA (Peugeot-Citroen) a...
-
GM To Sell Opel To Peugeot For $ 2.33 Billion
Car manufacturers General Motors and the PSA Group, which has the Peugeot, Citroen and the DS brands under its umbrella have agreed to a deal where PSA Group will be purchasing the Opel and the Vauxhall brands from GM for 2.2 billion Euros. This will enable PSA Group to become the second largest car manufacturer in Europe, with a market share of 17...
-
Peugeot, Citroen Or DS: Which Brand Should PSA Bring To India?
Peugeot and PSAs entry into India has been confirmed in association with the Birla group with a tentative plan to have an assembly plant in Chennai. PSA does have a few products in that range offering including the Peugeot 3008 but we think the DS4 Crossback would be a more ideal offering due to its design and the DS brands young and modern global...
