France's Citroen aims to boost market share in crisis-hit Russia and expects sales in China to grow at twice the rate of the market, its head of international operations said on Tuesday.
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Fiat Group CEO Sergio Marchionne said the French government's approval of low-interest loans to Renault and PSA/Peugeot-Citroen are unfair to other European carmakers.
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Fiat Group CEO Sergio Marchionne said the French government's approval of low-interest loans to Renault and PSA/Peugeot-Citroen are unfair to other European carmakers.
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The French government has made a U-turn on its proposed EUR6.5bn aid plan for Renault and Peugeot-Citroen, dropping its previous conditions relating to the factories' locations and obliging manufacturers to favour French suppliers when making purchases.
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Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroen announced today that both companies have signed a Memorandum of Understanding (MoU) regarding collaboration on electric vehicles based on a vehicle currently under development by MMC in Japan.
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PSA/Peugeot-Citroen has announced plans to sell an electric car in Europe starting next year.
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The dismal outlook facing the automotive sector has forced PSA/Peugeot-Citroen CEO Christian Streiff to scrap his medium-term volume and profitability objectives.
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Shares in PSA/Peugeot-Citroen rose 3.3 percent on market talk that French government could buy a stake in the carmaker, traders said today
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Shares in PSA/Peugeot-Citroen rose 3.3 percent on market talk that French government could buy a stake in the carmaker, traders said today
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Bertrand Peugeot who oversaw the merger of the French car companies Peugeot and Citroen has died, aged 85. Bertrand Peugeot became vice chairman of Peugeot's supervisory board in 1972.
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Bertrand Peugeot who oversaw the merger of the French car companies Peugeot and Citroen has died, aged 85. Bertrand Peugeot became vice chairman of Peugeot's supervisory board in 1972.
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PSA Peugeot-Citroen plans to start building a car plant in Russia's Kaluga region in March, Maxim Akimov, the region's deputy governor, said on Monday.
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Citroen disappointed a lot of people earlier this month. Rumors were running wild that the French carmaker was bringing back its legendary DS line.
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It's been a tough five months since Jean-Pierre Ploue took over as the first director of styling at PSA/Peugeot-Citroen.
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Frenchman Sebastien Loeb held his nerve through the final stage this afternoon to take a sensational debut victory for the Citroen Total team on Rally Norway.
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Frenchman Sebastien Loeb held his nerve through the final stage this afternoon to take a sensational debut victory for the Citroen Total team on Rally Norway.
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PSA/Peugeot-Citroen has hired Mercedes-Benz sales executive Jean-Marc Gales to head the Citroen brand. Gales, a 46-year-old citizen of Luxembourg, will take the helm at Citroen in March, the company said.
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PSA/Peugeot-Citroen has hired a Mercedes-Benz sales executive to head the Citroen brand, German magazine Wirtschaftswoche reported, without citing its sources.
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PSA Peugeot Citroen parts arm Faurecia has sued Chrysler for US$110m, claiming the US automaker failed to pay engineering costs it owed when vehicle sales plunged.
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