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New Car Registrations in France Down 15% On Year in January


Data from the French automobile manufacturers’ association shows that new car registrations on year in January in France dropped 15%. In January, 124,952 vehicles were sold in France, a decrease of 15% compared with the same period in 2012, according to sector group CCFA. In 2012 sales fell almost 14% to 1.9 million vehicles, the lowest level seen over the past ...
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GM Divides Emerging Market Strategy Between SAIC and PSA
GM’s CEO Dan Akerson said that the automaker is reconsidering its strategy in the emerging markets. Almost three years ago Dan Akerson said that GM might use SAIC, with which manufactures ...
PSA’s EMP2 platform unveiled
PSA Peugeot Citroen has recently unveiled the EMP2 platform at the Innovation Day celebration, which will underpin new models signed by both carmakers. If you’re thinking on buying a Peugeot or ...
PSA Peugeot Citroen shares rise on rumours about Faurecia sale
PSA Peugeot Citroen shares rose sharply on Monday on rumours the automaker could sell its Faurecia auto parts maker to reduce debt. Peugeot shares rose as much as 13 percent after ...
French government names former EADS boss to Peugeot board
PSA Peugeot Citroen appointed a senior government adviser and former head of EADS to its supervisory board. Europe's second-largest carmaker accepted the appointment in exchange for a state-backed bailout. The Peugeot ...
PSA Peugeot Citroen to cut 1,500 more jobs by 2014
Europe's second-largest carmaker, PSA Peugeot Citroen, plans to eliminate an additional 1,500 jobs by 2014 as auto sales in the region are on track to reach a 17-year low. The cuts ...
Peugeot aims to grow in emerging markets with the 301 sedan
PSA Peugeot Citroen is betting on its newly launched 301 sedan to gain market share outside its traditional western European markets, which have been deeply affected by the crisis. The new ...
Peugeot shares trade at the lowest level in 27 years
PSA Peugeot Citroen shares traded at the lowest level in almost three decades following Citigroup's decision to cut its recommendation on the stock. The reason behind Citigroup's move was Peugeot's struggles ...
Peugeot’s finance unit may be saved by the French government
PSA Peugeot Citroen may get unexpected help from the French government for its finance division, a move that is viewed by analysts as an indirect bailout of the automaker. The state ...
PSA Peugeot Citroen debt risk soars to a record level
PSA Peugeot-Citroen is seeing difficult times ahead, as the cost of insuring the company soared more than any company in Europe. The reason for this is that insurers are worried that ...

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