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Carlos Tavares is the new head of PSA Peugeot Citroen – official


Carlos Tavares, 55, is the new CEO of PSA Peugeot Citroen – the French automaker announced on Monday. On the same time, PSA said Philippe Varin will serve as Group temporary advisor to support implementation of the agreements signed with the French State and Dongfeng Motor Group. The former number two at Renault will have to lead a great battle – to turn ...
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China operations leader could be next in line for PSA’s top job
Gregoire Olivier is counted as the front-runner to succeed Philippe Varin as CEO of PSA/Peugeot-Citroen, but the change will not happen too soon. Leader of the successful PSA operations in China, ...
PSA hopes for better days, according to CEO
The second largest car manufacturer in Europe tries to see the light at the end of the tunnel and chief Philippe Varin gives investors hope for better times. According to the ...
PSA Peugeot Citroen on the road to recovery; gets green light for 7 billion state aid
PSA Peugeot Citroen, Europe’s second largest automaker announced that the company succeeded to reduce its losses in the first half of this year even if the European car market has ...
PSA to Push Peugeot and Citroen Further Apart
PSA Peugeot Citroen plans new strategy to push its two brands further apart, attracting analysts’ skepticism. For a long time PAS has dealt with the problem of Peugeot and Citroen vehicles ...
PSA to move Peugeot brand upscale as part of restructuring plan
PSA Peugeot Citroen announced plans to move its Peugeot brand upscale to help the automaker return to profit. Peugeot cars will be upgraded to stand out from Citroen models and average ...
Peugeot looking to BRICS countries for recovery
PSA Peugeot Citroen is looking to Brazil, China and Russia for salvation, as its heavy exposure to France, Italy and Spain has brought its finances in a disastrous state. Deeply affected ...
Opel to build Peugeot-based cars
General Motors and PSA Peugeot Citroen agreed to collaborate on a new range of small cars and minivans based on the French company's technology. However, the carmakers' joint car programs are ...
Peugeot Cuts Cash Burn in Half Next Year
PSA Peugeot Citroen CEO Philippe Varin said the company plans to cut its monthly cash burn to half reaching 100 million euro ($133 million) in 2013. CEO Philippe Varin also said ...
Marchionne denies talks about an alliance between Fiat, PSA and Opel
Fiat CEO Sergio Marchionne denied a report that he approached PSA Peugeot-Citroen and General Motors about an alliance between the three carmakers in Europe. Marchionne told Automotive News Europe that the ...

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