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19Peugeot plans to launch DS brand in US after 2020

Want to get your hands on a new French car? If you live in the United States, you're pretty much out of luck. Mainstream French automakers like Renault, Peugeot and Citroën don't compete in the US marketplace. However, American buyers may get some French flavor in a few years' time in the form of DS.

5Citroën names new CEO in executive shuffle

Peugeot SA (otherwise known as PSA Peugeot Citroën) has been shaking things up in the top echelon of its executive ranks. It recently hired former Renault COO Carlos Tavares as its group chief executive and former Airbus chief Louis Gallois as chairman. Now it's announced two more top executive appointments.

2PSA Peugeot Citroën names former Airbus chief Louis Gallois as chairman

Change is afoot at PSA. The parent company of both Peugeot and Citroën is on the verge of securing major funding from both the French government and from Chinese automaker Dongfeng, it recently named former Renault COO Carlos Tavares as its chief executive officer, and now it has selected its new chairman.

10Peugeot family cedes control in rescue deal with China's Dongfeng

PSA Peugeot-Citroën may have been saved from the brink of collapse. It has finally completed a deal where Chinese automaker Dongfeng and the French government are each investing about 800-million euros ($1.1 billion USD) to take 14 percent stakes in the automaker, according to the BBC. The deal dilutes the Peugeot family's stake from 25.4 percent to 14 percent. In addition to that, it is raising another 1.4 billion euros ($1.9 billion) from existing PSA investors. The deal still must be app

26GM stake in Peugeot sold in a day, GM loses millions

The fling between General Motors and PSA/Peugeot-Citroën isn't kaput, but the flirting couple has separated its finances. Just a day after announcing its intention to divest itself of its seven-percent stake in the French automaker, GM had done so, getting 250 million euros ($342M US) for it. That would represent a loss of between $48 million and $71 million for the 21-month partnership.

12GM to divest 7% stake in PSA Peugeot Citroën, sells equity in Ally Financial

In terms of being a major newsmaker, the last seven days have probably been the biggest for General Motors since its 2009 bankruptcy. Aside from announcing that Mary Barra will be succeeding Dan Akerson as its CEO next year, the automaker also appears to be streamlining its global operations by pulling Chevrolet from Europe in 2016 and winding down its Holden manufacturing operations in Australia by the end of 2017. Now, as was originally speculated about in October, GM has confirmed that it is

15Carlos Tavares named CEO of PSA Peugeot Citroën

Carlos Tavares is a man of ambition. As well he should be, because you don't get to the top ranks of a major industrial group without it. But as chief operating officer of Renault, there was only so far he could go in the shadow of his boss Carlos Ghosn. So with an eye toward running a major automaker, Tavares left Renault a couple of months ago, expressing his desire to run an automaker like Ford or GM. Now Tavares has gotten what he wanted, but he won't have to move to Detroit to get it. Inste

10Dongfeng to take 30% stake in PSA Peugeot Citroën?

PSA Peugeot Citroën, the European automaking giant responsible for forbidden fruit like the Citroën DS3 and Peugeot RCZ, has been struggling mightily, with a 510-million euro operating loss ($689.2M USD) in the first half of 2013, while cutting over 11,000 jobs and closing a plant, all in a bid to stop hemorrhaging cash. Help could be on the way, though, thanks to one of China's many emergent automakers, Dongfeng.

11PSA aims to sell Chinese on French quality by giving them wine

China is the house that every robber baron is trying to break into. PSA Peugeot Citroën has been in-country since the early eighties, getting there with Volkswagen, but the French brand largely spent its time sniffing the plum blossoms while the German brand grabbed the dragon and tamed it. No more: PSA expects China to be its largest market by 2015, and it has spent more than a year rearranging its affairs to make a cohesive push for Chinese hearts and minds and renminbi.

24PSA Peugeot-Citroën gets EU approval for life-line loan from France

PSA Peugeot-Citroën has been struggling to offer low finance rates to customers since its banking arm, Banque PSA Finance, had its credit score downgraded, which in turn has made it hard for the French carmaker to compete with brands that offer lower finance rates, such as Volkswagen. The French government recognized the catch-22 and, after negotiations with PSA and European Union approval, has guaranteed the banking arm seven billion euro in bonds to secure its debt and lower borrowing cos

101GM to sell rebranded Peugeot vans in US?

According to a report by France's La Tribune cited by Reuters, General Motors and Peugeot are discussing the possibility of selling PSA Peugeot-Citroën commercial vans in the US through The General's dealership network. While specific models and what brand they may sell under stateside are not immediately clear, the move isn't entirely out of the blue, particularly since GM owns seven percent of the French automaker.

65Peugeot family to cede control to GM?

It's doom and gloom time, folks – PSA Peugeot-Citroën is seriously on the ropes. According to a report from Reuters, citing those ever-so-mysterious "people familiar with the matter," suggests that the Peugeot family, which currently owns a 25.4-percent stake in the eponymous automaker and 38.1 percent of voting rights, "has now accepted that they will lose control" of the company. The rumormill churns with the possibility that control of Peugeot and Citroen will be handed over to Gen

AddPSA Peugeot Citroen, Bosch working on compressed-air, battery-free hybrid

Nike single-handedly popularized the term "swoosh." If a new and unexpected project works out as planned, PSA Peugeot Citroen might do the same with "whoosh."

20Fiat and PSA predicted to be Europe's biggest losers in 2013

Industry observers are expecting Europe's new vehicle sales to fall to lows not seen in decades, with Fiat and PSA/Peugeot-Citroën sitting in the lead car of the plummeting coaster. Both of those automakers traditionally count on the southern part of the continent for sales, yet consumers in that region have slowed spending due to the financial crisis.

5EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.

16GM, Peugeot cease tie-up talks over French bailout issue

The partnership General Motors (via Opel) and PSA Peugeot/Citroën began in February has produced more declarations and revisions than easily identifiable positive movement. A deeper collaboration between Opel and Peugeot has been mentioned a few times, perhaps even a sale of one to the other, and a report in October laid out joint plans like a small MPV for Opel/Vauxhall, a small car for both Opel and Citroën and two new platforms for small and midsize cars.

8Ford, Renault, VW shareholder oppose French aid for PSA/Peugeot-Citroën

Pots and kettles, glass houses and stones – that's a little of what we appear to have going on in the European car market. New reports say that that three European automakers have registered their opposition to a loan deal that PSA/Peugeot-Citroën is working on with the French government. Peugeot's finance arm, Banque PSA Finance, is struggling with its debts and has been downgraded by Moody's to its lowest investment-grade classification, one step above junk. This makes it more expen

3GM and PSA detail four new co-developed vehicle projects

New details have emerged this morning regarding a partnership between General Motors and PSA Peugeot-Citroën. Following talks that started back in February, the American and French automakers will apparently team up to develop several vehicles, including a small MPV for Opel/Vauxhall and a compact crossover for Peugeot. Also planned is a small car for both Opel and Citroën.

21GM pondering even closer Opel joint venture with PSA Peugeot Citroën

Let's face it, even when they go well, partnerships rarely go as planned. Almost eight months after General Motors spent $423 million to snag seven percent of Peugeot, we on the outside are still wondering what the plan is. When the tie-up was announced, the main benefits were listed as purchasing power and platform sharing, and only a month after that, a deeper collaboration was discussed that would involve development of a dual-clutch transmission and a small car for Latin America.

12France unveils green incentive to rescue auto industry

PSA Peugeot Citroën and the French goverment have been negotiating how to repair the company's business position without ruining the new government's promises to the electorate. At last count, Peugeot wants to send 14,000 workers home for good, close a factory in Aulnay, and trim some of its 25% overcapacity. The automaker desperately wants to sell more cars to help it stop losing €200 million ($246M U.S.) per month. The government has already nixed the most drastic plans, but it needs

26France unveils green incentive to rescue auto industry

PSA Peugeot Citroën and the French goverment have been negotiating how to repair the company's business position without ruining the new government's promises to the electorate. At last count, Peugeot wants to send 14,000 workers home for good, close a factory in Aulnay, and trim some of its 25% overcapacity. The automaker desperately wants to sell more cars to help it stop losing €200 million ($246M U.S.) per month. The government has already nixed the most drastic plans, but it needs

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