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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. ...
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PSA dismisses Mahindra talks
After Fiat Chrysler Automobiles was not long ago the target of two consecutive tie-up rumors, the news has swung this week towards France’s PSA Peugeot Citroen. The European carmaker, the second ...
FCA now reportedly tying up with PSA
After media reports proposed a Volkswagen AG takeover deal for Fiat Chrysler Automobiles, Financial Times has moved to another speculation – the carmaker would tie-up with France’s PSA. Just like the ...
PSA to start car assembly in Nigeria this year
The French automaker, Europe’s second largest, wants to begin auto manufacturing in the African country with the aid of a local manufacturing partner. The news also comes just three months ...
Report – Ex PSA chairman ousted because of renewed criticism
PSA Peugeot Citroen's Thierry Peugeot, the former chairman of the company, has been forced out of the company after once more he voiced his disapproval for the way the French ...
PSA to lay off workers at French factory
The French automaker, the second largest in Europe, has decided to set up an early retirement benefit program for workers at its Rennes, France, plant willing to participate. The approximately 500 ...
PSA starts home recovery
The battered European carmaker has announced it’s starting the restructuring process at home in France by investing 300 million euros ($408 million) to upgrade and actually also contract its Mulhouse ...
PSA CEO wants to fight rival European VW brand
Volkswagen AG is currently the top European automaker and also the second largest global auto company, so the ambitions of the CEO of the second largest European auto producer are ...
After Dongfeng and French buy, PSA is offering more stock to investors
Europe’s second biggest automaker, after finally closing the deal on the stakes sold to both Chinese partner Dongfeng Motor and the French state is further financing its turnaround plan by ...
PSA Peugeot Citroen posts Q1 gains on European recovery
Europe’s second largest automaker, which was until now hit by the almost six years slump in demand in the European market, enjoyed a profitable first quarter in 2014, thanks to ...

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