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Report – In drive to lower costs, PSA could give up prestigious headquarters location


PSA Peugeot Citroen, the second-largest European carmaker, has been deeply affected by the region’s six-year slump in demand that led to sales falling to record two-decade lows. Now, according to sources that have knowledge of the company’s strategy, the French automaker is mulling whether to give up its headquarter that sits in a prestigious – and utterly expensive – location near ...
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PSA Peugeot Citroen signs assembly deal in Kazakhstan
The second-largest European automaker, France’s PSA Peugeot Citroen, recently signed a deal with AllurGroup to start the vehicle assembly process in Kazakhstan, according to a statement issued by the company. AllurGroup’s ...
China: PSA and Dongfeng start the construction of their fourth plant
The French automaker’s China joint-venture partnership with domestic carmaker Dongfeng Motor has started building their fourth assembly facility, a plant that would serve the mainland’s western regions when completed in ...
Report – Citroen adding production shift to cope with C4 Cactus demand
It seems that oddly designed crossovers are striking the right nerve for buyers, with our best examples being the sales success in the US of the Jeep Cherokee and in ...
PSA’s new standalone DS brand could bring them back to the US
PSA Peugeot Citroen was last present in the US back in 1991 with Peugeot and the French automaker is now planning a return in a new form – under the ...
Report – PSA in talks with Mahindra for scooter unit sale
Sources that have knowledge of the plans have reported to Bloomberg that Indian maker Mahindra & Mahindra is in advanced negotiations to acquire PSA Peugeot Citroen’s scooter business. India’s largest producer ...
Report – Mahindra in alliance talks with PSA and NEVS
Indian carmaker Mahindra & Mahindra is reportedly exploring alliance opportunities with PSA-Peugeot-Citroen and the Saab brand owner, NEVS. The Indian newspaper Economic Times reported that Mahindra is taking into account partnerships ...
Peugeot to cut jobs at its Sochaux plant
PSA Peugeot Citroen will cut 300 jobs at its Sochaux factory in eastern France because it wants to reduce the plant's output. The company's trade union officials announced on Monday ...
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 ...
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 ...

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