Psa Group
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Peugeot 2008 SUV Spotted Testing In India Sans Camouflage
The Peugeot 2008 crossover SUV has been spotted testing in India, and the test mule was seen without any camouflage.
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For Peugeot And FCA, Completing Their Merger Is Just The Start: Analysis Report
Like all global automakers, Stellantis, the new JV between PSA and FCA, will be spending billions of dollars in the coming years to transform its vehicle range for an electric era but Carlos Tavares, CEO of PSA Groupalso has other pressing issues to tackle.
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Fiat Chrysler Shares Boosted By PSA Merger Deal Revision
Shares in Fiat Chrysler (FCA) rose sharply in Milan on Tuesday after the car maker and French partner PSA revised the terms of their merger deal, with FCA's shareholders getting a smaller cash payout but a stake in another business.
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Groupe PSA Announces New eVMP Platform For Electric Vehicles
Groupe PSA is looking very closely at the electric vehicle segment globally. The group will launch from 2023, adding sedans and SUVs in different regions of the world. These vehicles will benefit from the new eVMP or Electric Vehicle Modular Platform. eVMP concentrates all the Groupe PSA's engineering know-how with 60 to 100 kWh of embedded energy ...
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Carmaker PSA Cuts Back On Transfer Of Polish Workers To French Plant
France's PSA, the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in a French plant where production is being increased, following a backlash over the knock-on effect for local jobs. Like rival auto firms, PSA is gradually cranking up its manufacturing capacity again following a shutdown caus...
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Peugeot Maker PSA Says Demand To Fall Sharply, Keeps Margin Goal
French automaker PSA on Tuesday warned of sharp falls in demand for the sector this year after posting a 15.6% drop in first-quarter sales but maintained its mid-term operating margin goal.
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Coronavirus Pandemic: PSA Groupe Secures Further 3 Billion Euros Of Loans
Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of the hit to the global automotive industry from the coronavirus crisis.
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China's Dongfeng Reviews PSA Stake Sale After Price Fall
China's Dongfeng Motor Group is reviewing a deal with PSA to cut its stake in the French carmaker after a fall in share prices sparked by the coronavirus pandemic.
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Peugeot To Repatriate Staff From China's Wuhan Area After Coronavirus Outbreak
French automotive group PSA, maker of the Peugeot and Citroen brands, said in a statement it will repatriate expat staff and their families from the Wuhan area in China, which is at the centre of an outbreak of coronavirus.
-
PSA To Sell Stake In Smaller Chinese Tie-Up As Sales Slide
Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which has struggled with falling sales.
-
SUV Demand Helps PSA Group Counter Auto Market Gloom
PSA Group reported a rise in third-quarter revenue on Wednesday on strong demand for its pricier SUV models, but the French carmaker said overall vehicle sales fell, and it lowered outlook for major auto markets.
-
Peugeot, Dongfeng Agree To Restructuring Plan For Chinese Venture
Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025, PSA said on Thursday.
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Groupe PSA Opens New Technical Centre In Chennai
Groupe PSA today announced opening its new India Technical Centre (ITC) in Chennai, Tamil Nadu. The company says that the new technical centre will play a key role in the smoother and more efficient working of the employees of PSA India, in addition to boosting the capacity of the group to accelerate further in India.
-
PSA Sales Slide On Emerging-Market Setbacks
French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery.
-
PSA To Assemble Batteries For Hybrid, Electric Cars In Slovakia
The carmaker currently buys batteries from South Korean company LG and China's CATL. Vincent added the company expected rising demand for electric and hybrid cars, as well as for vehicles with automatic gearboxes, to offset falling demand for diesel and manual gearbox cars.
-
Peugeot 2008 SUV Spotted Testing In India Sans Camouflage
The Peugeot 2008 crossover SUV has been spotted testing in India, and the test mule was seen without any camouflage.
-
For Peugeot And FCA, Completing Their Merger Is Just The Start: Analysis Report
Like all global automakers, Stellantis, the new JV between PSA and FCA, will be spending billions of dollars in the coming years to transform its vehicle range for an electric era but Carlos Tavares, CEO of PSA Groupalso has other pressing issues to tackle.
-
Fiat Chrysler Shares Boosted By PSA Merger Deal Revision
Shares in Fiat Chrysler (FCA) rose sharply in Milan on Tuesday after the car maker and French partner PSA revised the terms of their merger deal, with FCA's shareholders getting a smaller cash payout but a stake in another business.
-
Groupe PSA Announces New eVMP Platform For Electric Vehicles
Groupe PSA is looking very closely at the electric vehicle segment globally. The group will launch from 2023, adding sedans and SUVs in different regions of the world. These vehicles will benefit from the new eVMP or Electric Vehicle Modular Platform. eVMP concentrates all the Groupe PSA's engineering know-how with 60 to 100 kWh of embedded energy ...
-
Carmaker PSA Cuts Back On Transfer Of Polish Workers To French Plant
France's PSA, the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in a French plant where production is being increased, following a backlash over the knock-on effect for local jobs. Like rival auto firms, PSA is gradually cranking up its manufacturing capacity again following a shutdown caus...
-
Peugeot Maker PSA Says Demand To Fall Sharply, Keeps Margin Goal
French automaker PSA on Tuesday warned of sharp falls in demand for the sector this year after posting a 15.6% drop in first-quarter sales but maintained its mid-term operating margin goal.
-
Coronavirus Pandemic: PSA Groupe Secures Further 3 Billion Euros Of Loans
Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of the hit to the global automotive industry from the coronavirus crisis.
-
China's Dongfeng Reviews PSA Stake Sale After Price Fall
China's Dongfeng Motor Group is reviewing a deal with PSA to cut its stake in the French carmaker after a fall in share prices sparked by the coronavirus pandemic.
-
Peugeot To Repatriate Staff From China's Wuhan Area After Coronavirus Outbreak
French automotive group PSA, maker of the Peugeot and Citroen brands, said in a statement it will repatriate expat staff and their families from the Wuhan area in China, which is at the centre of an outbreak of coronavirus.
-
PSA To Sell Stake In Smaller Chinese Tie-Up As Sales Slide
Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which has struggled with falling sales.
-
SUV Demand Helps PSA Group Counter Auto Market Gloom
PSA Group reported a rise in third-quarter revenue on Wednesday on strong demand for its pricier SUV models, but the French carmaker said overall vehicle sales fell, and it lowered outlook for major auto markets.
-
Peugeot, Dongfeng Agree To Restructuring Plan For Chinese Venture
Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025, PSA said on Thursday.
-
Groupe PSA Opens New Technical Centre In Chennai
Groupe PSA today announced opening its new India Technical Centre (ITC) in Chennai, Tamil Nadu. The company says that the new technical centre will play a key role in the smoother and more efficient working of the employees of PSA India, in addition to boosting the capacity of the group to accelerate further in India.
-
PSA Sales Slide On Emerging-Market Setbacks
French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery.
-
PSA To Assemble Batteries For Hybrid, Electric Cars In Slovakia
The carmaker currently buys batteries from South Korean company LG and China's CATL. Vincent added the company expected rising demand for electric and hybrid cars, as well as for vehicles with automatic gearboxes, to offset falling demand for diesel and manual gearbox cars.
