Peugeot will debut a near-production-ready version of its upcoming 508 sedan at the Geneva auto show next month.
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PSA Peugeot-Citroen is expected to start testing vehicle assembly at its new Russian joint venture plant in Kaluga next month according to Ruslan Zalivatsky, the region's economic development minister.
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French firm release first official picture and details on its Geneva bound 5 concept.
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The "5 by Peugeot" concept car is another indication of the changing face of Peugeot and provides an insight into the Marque's future ambitions in the large luxury vehicle segment. Its pure and elegant lines blend with subtle technical detailing to create an overall effect of a timeless, exclusive and modern design.
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PSA Peugeot Citroën on Wednesday said its 2009 financial results reflected the impact of the economic crisis, with global sales down 2.2% to 3,188,000 units in a market down 3.1%, revenues down 10.9% to EUR48,417m and a recurring operating loss of EUR689m for the full year.
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PSA Peugeot Citroen is set to announce that it returned to a small operating profit in the second half of 2009 when it announces its full-year results tomorrow (February 10) according to an analyst speaking to just-auto today.
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BMW Group and PSA Peugeot Citroën last week signed an agreement in Paris on further development of four cylinder petrol engines.
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PSA's recall of its Peugeot 107 and Citroën C1 models will concentrate on vehicles of roughly the same age as those affected by Toyota's eight-model European recall that includes the Aygo built in the same Czech Republic plant.
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The BMW Group and PSA Peugeot Citroën will continue their successful engine collaboration. An agreement to that effect was signed by Norbert Reithofer, Chairman of the Board of Management of BMW AG, and Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, in Paris.
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Surging sales of PSA Peugeot Citroen's 3008 and 5008 family-haul models have resulted in the manufacturer extending night shifts at two of its French plants, although unions are querying a potential change in work patterns after that.
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After cancelling its third shift late in 2008 and axing 250 workers, PSA Peugeot Citroën is already back to full production in February by reverting to the status quo - and hiring 700 new hourly employees.
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As widely expected, after Toyota last week recalled its Aygo model, PSA is to recall some similar Peugeot and Citroen models built in the same Czech Republic factory.
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Talks between PSA Peugeot Citroen and Mitsubishi Motors on a possible joint venture could fail because the two cannot agree on the value of their groups, the French newspaper Les Echos reported.
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PSA Peugeot Citroën on Monday announced an average pay increase of 1.9% had been agreed with its workforced after a second pay round meeting on 21 January.
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Banque PSA Finance, one of the first captive carmaker finance companies to be authorised to conduct banking business in Russia, expects to offer finance to local Peugeot and Citroën dealers plus loans and leasing to individual and corporate customers within weeks.
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Peugeot's 308CC coupe cabriolet is the first model in the company's UK range to get a new 112hp 1.6-litre HDi FAP [particle filter] Euro 5-compliant diesel engine. Over half the parts in the updated motor are new.
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Suzuki is reviewing its diesel engine sourcing from PSA Peugeot Citroen and Renault as it looks to strengthen its ties with Volkswagen, chairman and CEO Osamu Suzuki said on Friday.
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Citroën took the wraps off its new Mitsubishi-built all-electric four-seater C-Zero city car at the 88th European Motor Show in Brussels, Belgium, today (13 January). The car is a re-brand of the Japanese automaker's i-MiEV, supplied on an OEM basis from Japan. A Peugeot iOn-branded model is also due out soon.
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OFFICIAL: New Ford Focus, VW's hybrid Jetta, Peugeot's Aston, best winter SOS kits tested
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