Psa Peugeot Citroen
French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery. Sales fell to 1.9 million light vehicles in January-June, the company said on Monday, from 2.18 million a year earlier. PSA, which has notched up successive sales and profit records under Chief Executive Carlos Tavares, is due to report full earnings for the period on July 24.
PARIS — French carmaker PSA, maker of Peugeot and Citroen cars, will launch a car-sharing service in Washington, D.C., at the end of October, a senior PSA executive said on Tuesday. PSA will initially use 600 Chevrolet cars in Washington, Brigitte Courtehoux, director of mobility services at PSA, said at the Paris Motor Show. PSA has said that it intends to use car-sharing as a way to Reuters
PSA Peugeot Citroen may add range-extender from partnership with Israel's Aquarius Engines.
Groupe PSA CEO Carlos Tavares has laid out a three-step, ten-year plan that could culminate in the French manufacturer's return to the North American market.
Automobile Magazine is citing a "well-placed source" at PSA Peugeot Citroen who is claiming the company will confirm the DS brand will come to the US.
Citroen reveals its E-Mehari, a funky cabriolet that will begin production early 2016 and add extra electric quirk to the French automaker's lineup.
French automaker says it will institute "real world" fuel-economy testing as soon as next year.
Richard Branson's team will compete in Formula E next year as DS Virgin Racing, following a new deal with PSA Peugeot Citroen to bring its premium brand on board.
While the chances of a merger with GM might not be completely dead, FCA boss Sergio Marchionne is still considering many other options for a merger.
PSA Peugeot Citroen will be departing Paris in favor of the cities more affordable suburbs, in a bid to cut costs following its rescue at the hands of Dongfeng and the French government last year.
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 Noah Joseph
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 Noah Joseph
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 Chris Bruce
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, ge