/ Citroen, Industry, News, Peugeot / PSA could be rehabilitated in the eyes of investors

PSA could be rehabilitated in the eyes of investors

Linked In Share
PSA could be rehabilitated in the eyes of investors

After a government-assisted bailout this year and the loss of control of the founding family over PSA Peugeot Citroen, the second largest automaker in Europe could reach an important recovery milestone.

The French carmaker, now controled three ways by its Chinese partner Dongfeng, the French government and the Peugeot founding family, could return soon to a benchmark index – the CAC-40. PSA was left out of the index back in 2012, for the first time in history, as the company’s market value declined amid a six-year slump in demand that led to a two-decade low in the European region. The company’s stock managed to return to positive performances after the 3 billion euro ($4 billion) cash infusion and now the quarterly membership review of the French blue-chip index should come within weeks.

“Peugeot is the closest add candidate,” said analysts at Societe Generale.

“Peugeot’s potential re-entry would reflect the French economic landscape,” added John Plassard, deputy director of Swiss brokerage Mirabaud Securities.

The CAC-40 has overall declined 3.1% so far this year, as opposed to PSA’s shares that jumped 48% – double the increase achieved by the CAC-40 leader Orange – also making the automaker the best performer among the companies involved in the European auto business.

VIa Reuters

by Aurel Niculescu (my Google+) - Thursday, August 14th, 2014 - filed under Citroen, Industry, News, Peugeot. Image credit: .
Linked In Share
Related Articles
cac-40 index europe psa


Discuss: PSA could be rehabilitated in the eyes of investors

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Exclusive: Honda confirms NSX debut for Geneva, announces the rest of the lineup
Exclusive: Honda confirms NSX debut for Geneva, announces the rest of the lineupHonda has officially confirmed the European debut of the NSX supercar which will be made at the 2015 Geneva Motor Show and it has ...
Rolls-Royce SUV to be called the Cullinan
Rolls-Royce SUV to be called the CullinanThe Rolls-Royce SUV is getting closer and closer to the production line and according to a recent report, the model in question ...
Recall roundup: Cadillac ATS for power sunroof controls
Recall roundup: Cadillac ATS for power sunroof controlsGeneral Motors has issued yet another recall, this time for the Cadillac ATS, because of a problem discovered with the power ...
Scuderia Cameron Glickenhaus unveils the SCG 003S and SCG 003C
Scuderia Cameron Glickenhaus unveils the SCG 003S and SCG 003CThe brand new Scuderia Cameron Glickenhaus SCG 003S and SCG 003C have been unveiled recently by the car manufacturer. The brand ...
Bugatti Veyron Finale spotted
Bugatti Veyron Finale spottedThe first images with the Bugatti Veyron Finale, the last edition of the hypercar, have ended up on the web ahead of its public ...
Crashed Ferrari 458 Spider spotted
Crashed Ferrari 458 Spider spottedThe newest addition to the Car Crashes category is a white finished Ferrari 458 Spider which has been spotted recently in ...
US: Nissan committed to sales goal on added production capacity in South Korea, Japan
US: Nissan committed to sales goal on added production capacity in South Korea, JapanNissan Motor recently said its underlying goal – besides exceeding Japanese rival Honda – was to command 10 percent of the US ...
US: government approves incentives to auto industry whistle-blowers
US: government approves incentives to auto industry whistle-blowersA US Senate committee recently approved the legislation that would see the introduction of payments and awards to employees and ...
Lamborghini Aventador SV leaked in a brochure
Lamborghini Aventador SV leaked in a brochureNew leaked images with the Lamborghini Aventador SV have hit the web ahead of the supercar’s public debut scheduled for the ...
2015 Kia Carnival gets priced in Australia
2015 Kia Carnival gets priced in AustraliaKia has recently announced the official price list for the 2015 Carnival in Australia where the cheapest model can be yours from ...
Brazil: GM plant strike ends after union coerces the company to axe layoff plans
Brazil: GM plant strike ends after union coerces the company to axe layoff plansWorkers at a General Motors auto assembly facility in Brazil returned to work after a six-day standoff with the company after the ...
Lamborghini Gallardo gets crashed in Maryland
Lamborghini Gallardo gets crashed in MarylandA yellow example of the Lamborghini Gallardo has been crashed recently in Maryland after its driver lost control of the ...
Geneva motor show kicks off the European auto season
Geneva motor show kicks off the European auto seasonWhile Switzerland is a rather small country even for the European continent and its auto industry can be seen only under a ...
Recall roundup: Chrysler 200 vehicles
Recall roundup: Chrysler 200 vehiclesChrysler has recently issued a recall for the 200 vehicles because these may have a manufacturing issue which may prevent them ...
Ferrari 360 Modena gets crashed in Australia
Ferrari 360 Modena gets crashed in AustraliaA Ferrari 360 Modena has been crashed recently in Australia after its driver has apparently lost control of the wheel and hit two ...
Read more automotive news


2015 Geneva Motor Show Coverage

Scuderia Cameron Glickenhaus scg 003c 1
bugatti veyron finale 1
white ferrari 458 spider crash 1
lamborghini aventador sv leaked 1
ferrari 360 modena crash australia 1
rolls-royce suv 1
Audi S3 Cabrio by MTM tuning 1
FAB Design updated the Mercedes G55 and the G63 AMG 1
Hyundai-i20-Active-sketch 1
2016 peugeot partner 1
2016 smart fortwo brabus 1
Mercedes-AMG GT3 1

More automotive from inautonews
Honda has officially confirmed the European debut of the NSX supercar which will be made at the 2015 Geneva Motor Show and it has also confirmed the rest of the lineup present at the event. After being shown more than a month ago, at the 2015 NAIAS in Detroit, the brand new NSX is getting ready to ...
read more
Inautonews Editors Section
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – Serenity
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – SerenityFord has been battling losses for years in its Ford of Europe business, but judging by the model lineup of the second largest US automaker you would ...
Test Drive: Renault Megane GT Line Energy 1.2 TCe
Test Drive: Renault Megane GT Line Energy 1.2 TCe Besides the Megane GT Line diesel, tested here, Renault is also offering a petrol version of the model which is using the 1.2-liter turbo. But is ...
Test Drive: 2015 Aston Martin Vantage N430 Q – Brutal
Test Drive: 2015 Aston Martin Vantage N430 Q – Brutal Unveiled just last year during the 2014 Geneva Motor Show, the Aston Martin N430 is, according to the British automaker the most dramatic ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Cadillac ATS for power sunroof controlsGeneral Motors has issued yet another recall, this time for the Cadillac ATS, because of a problem ... Recall roundup: Chrysler 200 vehiclesChrysler has recently issued a recall for the 200 vehicles because these may have a manufacturing ...
Safety Section