banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Feb
11th

FRANCE: PSA axing 11,000 jobs

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroen expects to axe 11,000 workers worldwide this year after reporting net losses of EUR343m ($US444m) for 2008. Full story...
Feb
11th

Citroen DS returns

Stay connected Subscribe to our RSS feed
French maker shocks with all-new DS-badged luxury line-up, spearheaded by stunning MINI rival. Full story...
Feb
11th

Citroen DS spied

Stay connected Subscribe to our RSS feed
We were first to show you the concept, now Auto Express can reveal the very first pictures of the production-ready MINI rival from Citroen! Full story...
Feb
11th

FRANCE: PSA posts 2008 net loss

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroen has posted a net group loss of EUR343m for 2008. Full story...
Feb
11th

France’s PSA posts 342mn net loss

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen made a net loss of 343 million euros ($443 million) for 2008, the company said Wednesday. Full story...
Feb
10th

Germany and other EU states have concerns on French auto aid

Stay connected Subscribe to our RSS feed
The European Commission and some EU member states have raised concerns about France's 7.8 billion euro bailout for its auto industry. Germany is not happy about French support for PSA/Peugeot-Citroen and Renault, a senior government source said. Full story...
Feb
10th

Germany and other EU states cite concerns on French auto aid

Stay connected Subscribe to our RSS feed
The European Commission and some EU member states have raised concerns about France's 7.8 billion euro bailout for its auto industry. Germany is not happy about French support for PSA/Peugeot-Citroen and Renault, a senior government source said. Full story...
Feb
10th

FRANCE: PSA’s CEO paints bleak picture

Stay connected Subscribe to our RSS feed
PSA Peugeot-Citroen's boss, Christian Streiff, has said that he expects the firm's volume to fall 20% in 2009. Full story...
Feb
10th

PSA boss says auto industry caught up in global ‘catastrophe’

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen CEO Christian Streiff said the auto industry is caught up in a catastrophe that has spread across the globe as even the key emerging markets that manufacturers had banked on for growth have now ground to a halt. Full story...
Feb
10th

PSA boss says auto industry caught up in global ‘catastrophe’

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen CEO Christian Streiff said the auto industry is caught up in a catastrophe that has spread across the globe as even the key emerging markets that manufacturers had banked on for growth have now ground to a halt. Full story...
Feb
10th

PSA boss sees 2009 sales down 20%

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen CEO Christian Streiff expects group sales to fall 20 percent in 2009 and sees further pain in 2010 as the global slowdown persists. "The outlook for 2009 is terrible. Full story...
Feb
9th

PSA and Renault win bailout funds from French government

Stay connected Subscribe to our RSS feed
The French government will provide up to 7 billion euros in emergency financing to PSA/Peugeot-Citroen and Renault. Full story...
Feb
9th

This week’s mag

Stay connected Subscribe to our RSS feed
Citroen DS returns, super Golf GTI revealed, first ever diesel Porsche driven, 0-60 group test Full story...
Feb
9th

PSA sticks to Russia plan despite Mitsubishi delay

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen will keep the launch schedule for its new Russian plant despite its partner Mitsubishi announcing that it will delay building cars there. The factory will start production during the first half of 2010, a PSA spokesman said. Full story...
Feb
9th

France to unveil car aid measures

Stay connected Subscribe to our RSS feed
France will unveil details of a plan to support its ailing car industry on Monday, a presidency official said, ahead of expected weak 2008 results from Renault and PSA/Peugeot-Citroen. Full story...
Feb
6th

FRANCE Citroen plans include DS ‘Goddess’ revival

Stay connected Subscribe to our RSS feed
Citroen is celebrating its 90th birthday with a new visual identity, a new range of products that brings back one of the most famous names from its history, the DS 'Goddess', and is makes changes to its retail network which, it claims, will set a new standard for customer relations. Full story...
Feb
6th

Citroen unveils DS Inside concept:

Stay connected Subscribe to our RSS feed
Citroen on Thursday unveiled the DS Inside concept car ahead of the its scheduled debut at the Geneva auto show in March. Full story...
Feb
6th

Citroen unveils DS Inside concept

Stay connected Subscribe to our RSS feed
PARIS -- Citroen on Thursday unveiled the DS Inside concept car ahead of the its scheduled debut at the Geneva auto show in March. Full story...
Feb
6th

PSA to cut jobs at Slovak plant

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen plans to cut 190 jobs at its factory in Trnava, Slovakia. The reduction follows the ramping up of production of the new Citroen C3 Picasso, PSA said. Full story...
Feb
5th

PSA could delay launch of plug-in diesel hybrid

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen could delay the introduction of plug-in diesel-electric hybrid cars as it seeks to cut costs during the economic downturn. Full story...
Hosted by CifTech Hosting.