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Peugeot Cuts by Half Its Lineup to reach 2% Margins by 2018


PSA Peugeot Citroen plans to return to profitability by cutting its model lineup by almost 50% and by turning the Citroen unit’s DS badge into a stand-alone brand. PSA Peugeot Citroen Chief Executive Officer Carlos Tavares said that the strategic plan will help the automaker increase its operating margin in the auto sales to 2% by 2018 and to 5% in ...
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Peugeot Exalt Concept unveiled
Peugeot has unveiled the new Exalt concept car, by accident, ahead of the model’s official debut scheduled for later on this month, during the 2014 Beijing Motor Show. The brand new ...
Dongfeng-Peugeot Tie-Up to Expand Beyond Asia-Pacific Region
Dongfeng Motor said that partnership with French automaker PSA Peugeot Citroen will not be limited only to the Asia-Pacific region, targeting also Russia and Brazil as possible markets. The partnership signed ...
High Demand: PSA to expand Peugeot 308 output; ads a night shift
PSA – Peugeot-Citroen, the second-largest Europe-based automaker plans to increase production of Peugeot 308 model after the French company received more than 60,000 orders for the new hatchback since the ...
Peugeot expands European market share
PSA Peugeot Citroen’s largest brand has expanded its European market share reach in the first months of 2014, according to Peugeot’s chief Maxime Picat. Both Peugeot and Citroen, which are largely ...
Peugeot concept car teased for Beijing Motor Show
The French based automaker Peugeot has recently released a teaser image with a brand new concept car, which will be officially presented to the public this year, during the Beijing ...
PSA announces €90 million investment for a new C segment vehicle
The €90-million investment will be dedicated to the production of a Peugeot badged C-segment vehicle that will replace the current Peugeot 5008. At a meeting today of the Works Council of ...
PSA names former Renault No.2 Tavares as next CEO
PSA Peugeot Citroen announced late yesterday that its next chief executive would be former Renault No.2 Carlos Tavares, in a move that may help to secure new funding from Chinese ...
PSA considering further production cuts to lower costs
PSA Peugeot-Citroen, which is currently Europe’s second-largest carmaker, is considering cutting production capacity at a French factory to reduce fixed costs amid slumping sales on the continent. Peugeot, which reported a ...
Peugeot planning 208 R hot hatch
The French based automaker Peugeot is planning to introduce an even hotter version than the current 208 GTI, which is expected to be named the Peugeot 208 R. The announcement hasn’t ...

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