A costly tie-up between PSA/Peugeot-Citroen SA and Japan's Mitsubishi Motor Corp. risks landing Europe's No. 2 carmaker with a partner too small to exploit Asia's booming markets.
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PSA/Peugeot-Citroen could buy a large stake in Japanese peer Mitsubishi Motors Corp. as part of a plan to deepen ties to ride out the industry's worst ever slump. Here are some facts about Mitsubishi and PSA.
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A costly tie-up between PSA/Peugeot-Citroen SA and Japan's Mitsubishi Motor Corp. risks landing Europe's No. 2 carmaker with a partner too small to exploit Asia's booming markets.
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The news is finally official: Kimi Raikkonen will not be on the 2010 formula one grid because he has signed full-time with Citroen's junior World Rally Championship team.
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Shares in Mitsubishi Motors Corporation (MMC) soared more than 20% on Thursday after the Nikkei business daily reported PSA Peugeot Citroen was in talks to spend up to JPY300bn (US$3.4bn) to acquire a 30-50% stake in the Japanese automaker. PSA itself would confirm only it had "started discussions with Mitsubishi Motors Company (sic) concerning the possibility of extending their relationship".
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PSA/Peugeot Citroen could buy a large stake in Mitsubishi as part of plan to deepen ties to ride out the auto industry's worst ever slump.
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PSA/Peugeot Citroen could buy a large stake in Mitsubishi as part of plan to deepen ties to ride out the auto industry's worst ever slump.
Full story...
France's PSA/Peugeot Citroen SA could buy a large stake in Japan's Mitsubishi Motors Corp. as part of plan to deepen ties to ride out the auto industry's worst ever slump.
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Road racer Rinaldo "Dindo" Capello scored a victory at the Monza Rally Show last weekend, driving a World Rally Championship Citroen C4 WRC.
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Exclusive: Secrets of the Ultimate Ferrari revealed plus free 24 page magazine - Greatest Jag, Audi A7 spied, Citroen C3 first UK drive
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Legend back as DS2 shapes up, based on Revolte show model
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PSA Peugeot Citroen needs to axe 6,000 jobs in France, 10% of its workforce there, between now and 2012 in order to boost productivity by 20%
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PSA raised its full-year outlook on the back of an improvement in the auto market and the success of models such as the Citroen C4 Picasso.
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Citroen says it will launch its C-Zero fully electric car in the fourth quarter of next year.
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Citroen reveals its version of the Mitsubishi i – complete with an electric engine!
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Citroen said it will launch an electric city car called the C-Zero starting late 2010.
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Citroen said it will launch an electric city car called the C-Zero starting late 2010.
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PSA Peugeot Citroen's supplier network in France is burdened with 40% too much industrial capacity, its head of purchasing said on Friday.
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PSA/Peugeot-Citroen's supplier network in France is burdened with 40 percent too much industrial capacity, its head of purchasing said on Friday.
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PSA Peugeot Citroen has no plans to pull out of parts affiliate Faurecia despite seeing its controlling stake diluted as part of a US acquisition, the head of Faurecia said on Tuesday.
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