PSA Peugeot Citroen launched its updated C4 line for China at the Shanghai International Motor Show this week.
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The supervisory board of PSA Peugeot Citroën has appointed Jean-Marc Gales as executive vice president of the Citroën brand and a member of the managing board.
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Revenues at PSA Peugeot Citroen dropped 24.9% in the first quarter of this year line with falling sales in global markets and efforts to reduce excess vehicle stocks.
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PSA/Peugeot-Citroen saw revenue slump by a quarter in the first three months of the year and confirmed it expected a loss and negative cash flow in 2009 as it battles an industry-wide crisis.
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French carmaker PSA/Peugeot-Citroen saw revenue slump by a quarter in the first three months of the year and confirmed it expected a loss and negative cash flow in 2009 as it battles an industry-wide crisis.
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Peugeot presented the Chinese crowd with a full-size model of the RD Concept, the winning project of the automaker's 5th design competition. Based on the theme "Imagine the Peugeot of the Worldwide Megalopolis of Tomorrow," the contest was a smashing success, with over 2,500 projects submitted by participants from 95 countries.
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Iran Khodro (IKCO) has launched a locally developed model called the Runna which appears to be based on the Peugeot 206 sedan sold in emerging markets such as Brazil and China.
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Two-year-old concept set to shake up Peugeot's line-up
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French supplier Faurecia, which is majority owned by PSA Peugeot Citroen, said today it had secured 1.633 billion euros ($2.17 billion) in financing. The financing is comprised of a 1.
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French supplier Faurecia, which is majority owned by PSA Peugeot Citroen, said today it had secured 1.633 billion euros ($2.17 billion) in financing. The financing is comprised of a 1.
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Because of economic difficulties in and outside China, PSA/Peugeot Citroen SA has postponed development and production of a new minicar based on the Citroen C1 and Peugeot 107 here, supplier sources say.
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French drivers Jean-Christophe Boullion, Simon Pagenaud and Benoît Tréluyer to share Pescarolo Sport's private Peugeot 908 Hdi at the 24 Hours of Le Mans in June.
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Russia's largest dealer of foreign cars, Rolf Group, will stop selling Peugeot vehicles and has stopped a planned merger with Helsinki-based Avelon Group amid a sharp slump in demand, its chief executive said.
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Russia's largest dealer of foreign cars, Rolf Group, will stop selling Peugeot vehicles and has stopped a planned merger with Helsinki-based Avelon Group amid a sharp slump in demand, its chief executive said.
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The world order in the auto industry changed dramatically today with Rick Wagoner of GM and Christian Streiff of PSA Peugeot Citroen both sacked. The reasons are different. The underlying cause is the same.
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PSA's supervisory board, chaired by Thierry Peugeot, on Sunday fired chairman and CEO Christian Streiff, appointing steelmaker Corus' CEO Philippe Varin in his place from 1 June.
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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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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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Peugeot has announced plans to auction off part of its massive rare car collection in June to raise funds for future conservation efforts.
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