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PSA posts first-quarter revenue and sales drop

PSA posts first-quarter revenue and sales drop

Peugeot-Citroen Group’s first quarter revenue fell 1.4 percent because of “unfavorable” exchange rates, while sales decreased 1.7 percent. PSA Group’s quarterly revenue reached 12.998 billion euros (14.7 billion dollars), down from 13.185 billion a year ago, pushed back because of negative currency effects. If such unfavorable conditions had not had […]

Beijing Motor Show: Peugeot 308 Sedan

Beijing Motor Show: Peugeot 308 Sedan

PSA Group’s offensive on the Chinese market has started with the unveiling of the new 2016 Peugeot 308 Sedan in Beijing. The French maker Peugeot-Citroen is now focusing on its newer “Push to Pass” strategy for the 2016-2021 timeframe, as it plans to keep the good momentum triggered by the […]

Peugeot-Citroen also inquired by French emissions investigators

Peugeot-Citroen also inquired by French emissions investigators

After the French anti-fraud investigators have checked several automakers in a probe into vehicles emissions, the authorities are now looking into Peugeot-Citroen’s backyard. Yet another investigation over vehicles emissions is undergoing, following the countless similar inquiries in recent weeks. This time, PSA Peugeot-Citroen is the targeted automaker, after the French […]

PSA Peugeot Citroen demands damages for price-fixing

PSA Peugeot Citroen demands damages for price-fixing

It is not too often that we see a big global carmaker demanding publicly hundreds of millions of dollars in damages for overpriced parts. The French carmaker PSA Group is claiming money from three Japanese suppliers and two European auto parts distributors at Britain’s Competition Appeal Tribunal. The PSA Group […]

Peugeot takes the wraps off 208 GT in Argentina

Peugeot takes the wraps off 208 GT in Argentina

The French automaker was once a proud owner of hot-hatch versions of its models in Europe – but as it slowly recovers from the brink of collapse these fan favorites have been relegated to background duty. Today it’s slowly building up hype back for these high-performance models – the 308 […]

PSA outlines its mid-term 5-year plan

PSA outlines its mid-term 5-year plan

The French maker Peugeot-Citroen revealed its growth targets for the 2016-2021 timeframe, expecting challenging times in terms of profits because of upcoming investments in technologies and models. After PSA’s “Back in the Race” plan had a better-than expected outcome, returning profit way ahead of schedule, the French automaker is now […]