PSA Peugeot Citroen is considering an alliance with Mitsubishi Motors Corp, according to French daily La Tribune. The companies today announced another vehicle-share deal for Europe, giving PSA a new electric car based on the Japanese firm's i-MiEV model.
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Norwegian Petter Solberg has ended weeks of speculation by confirming he will drive a Citroen C4 WRC on the two final events of the 2009 World Rally Championship, although he has yet to make a decision about what to drive in the 2010 season.
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Norwegian Petter Solberg has ended weeks of speculation by confirming he will drive a Citroen C4 WRC on the two final events of the 2009 World Rally Championship, although he has yet to make a decision about what to drive in the 2010 season.
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Citroen Racing director Olivier Quesnel has revealed that the car which will replace the C4 World Rally Car in 2011 is nearing completion at the team's headquarters in Paris.
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PSA Peugeot Citroen sees total car demand in Europe in the second half of the year falling less than expected, chief executive Philippe Varin said.
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Norwegian Petter Solberg will not drive his Citroen Xsara on the last two rallies of the 2009 WRC season and is on the brink of securing a factory-spec Citroen C4 or Ford Focus instead for the foreseeable future.
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Citroën will unveil its new DS3 at the Frankfurt show next month. VW's new Polo 3-door makes its public debut and Opel's redesigned Astra has new engines.
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British magazine Autosport has revealed that Petter Solberg visited Ford's World Rally Team in England, one week after he tested a C4 Citroën in France.
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Former World Rally champion Petter Solberg had a test on Wednesday aboard a Citroën C4 WRC in South of France. Solberg may drive a C4 in the last rounds of the season of the World Championship.
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During a special tour of the Citroën 'Conservatoire' in Aulnay, near Paris, France, Auto123.com was given an exclusive look at two mythical Citroëns DS -- Charles de Gaulle's presidential car and Bjorn Waldegaard's ice racing car.
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Standard and Poor's on Thursday cut its ratings on PSA/Peugeot-Citroen into junk territory, citing an expectation that low demand will hurt the French automaker's already weak profitability.
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Standard and Poor's on Thursday cut its ratings on PSA/Peugeot-Citroen into junk territory, citing an expectation that low demand will hurt the French automaker's already weak profitability.
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J.P. Morgan Securities said it still sees uncertainty on the near-term sales outlook for the European autos sector and upgraded French carmakers PSA/Peugeot-Citroen and Renault to "neutral" on valuation.
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Despite the difficult economic times and the severe drop in sales for all car constructors, French car manufacturer Citroën has opted to continue its involvement in the FIA World Rally Championship.
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PSA Peugeot Citroen has booked a half-year operating loss of EUR826m on revenues down 21.8% to EUR23,497m from EUR30,066m in 2008, citing "adverse market and industry conditions".
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PSA/Peugeot-Citroen swung to a loss in the first half and said Europe's car market would not start recovering until late 2010. PSA posted a recurring operating loss of 826 million euros ($1.17 billion) from a profit of about 1.
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Ferrari's new hybrid revealed, scrappage best buys, A5 Sportback driven, Citroen's new show stopper
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Family car to take on Ford with a practical, premium interior and great looks
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Workers at bankrupt French supplier New Fabris have won severance pay averaging EUR28,500 (US$40,500) after threatening to blow up their factory along with components destined for Renault and PSA Peugeot Citroen.
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PSA Peugeot-Citroen today (9 July) denied media reports that it planned to develop plug-in hybrids with Mitsubishi Motors.
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