Departing PSA/Peugeot-Citroen CEO Christian Streiff defended his record at the French carmaker after being fired on Sunday by the company's board. Streiff said his policies had allowed the PSA group to be "well equipped to face the crisis."
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Departing PSA/Peugeot-Citroen CEO Christian Streiff defended his record at the French carmaker after being fired on Sunday by the company's board. Streiff said his policies had allowed the PSA group to be "well equipped to face the crisis."
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Christian Streiff, CEO of PSA/Peugeot-Citroen, has been removed from his position, the company announced on Sunday. Streiff will be replaced by Philippe Varin, currently CEO at Corus, a steel company.
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Fitch Ratings cut its ratings on PSA/Peugeot-Citroen, Renault and Fiat to junk territory today, citing concerns about profitability.
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Renault and PSA/Peugeot-Citroen are increasingly worried about the financial health of their suppliers and are looking for ways to help them, senior executives said today.
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Czech carmaker Toyota Peugeot Citroen Automobile (TPCA) has postponed a plan to boost production capacity to 340,000 cars this year, due to the global downturn.
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Citroen star Sebastien Loeb storms to a record breaking 50 WRC wins with victory in Cyprus.
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Citroen Total team driver Sebastien Loeb has won the FxPro Cyprus Rally by a margin of 27.2 seconds from the man in second place, Mikko Hirvonen of the BP Ford Abu Dhabi Team.
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Citroen C4 driver Sebastien Loeb will go into Sunday's third and final day of the Cyprus Rally - the shortest of the event - with a lead of 49 seconds.
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Citroen C4 driver Sebastien Loeb will go into Sunday's third and final day of the Cyprus Rally - the shortest of the event - with a lead of 49 seconds.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Four-time World Rally Champion Sebastien Loeb holds the overnight lead of the Cyprus Rally after a dominating performance through the opening day's asphalt stages in his Citroen C4 WRC.
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A strike at a one of its suppliers has forced PSA/Peugeot-Citroen to suspend production at its Sochaux factory in eastern France.
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Shares in Renault and PSA Peugeot Citroen rose sharply today on market talk of a merger between the two groups.
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Malaysia's Naza Group is reportedly in talks with PSA Peugeot-Citroen to jointly develop a compact car.
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French carmaker PSA/Peugeot-Citroen is negotiating a syndicated credit line worth around 1-1.2 billion euros ($1.26 billion), a company spokesman said .
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German newspaper Sueddeutsche Zeitung has reported that PSA Peugeot-Citroen and BMW are discussing an expansion of their existing cooperation.
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