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Europe: PSA increases production in Slovakia, joint venture with Mitsubishi to cease production in Russia again


PSA Peugeot Citroen's Slovak business unit is now mulling an increased yearly production that could soar past the 300,000 units mark by 2017 after the company has decided to introduce there a new production model. The French company, the second largest automaker in Europe, has already registered a record production output at the Slovak plant in 2014, thanks to a faster ...
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PSA sees recovery favored by economic prosperity
PSA Peugeot Citroen, the second largest automaker in Europe, is on course to surpass its primary recovery target earlier than planned, according to the company’s chief financial officer. The economic tailwinds ...
PSA Peugeot Citroen’s return to benchmark index adds to signs of recovery
PSA Peugeot Citroen, the second largest carmaker in Europe, will now make a comeback to France's benchmark CAC-40 index, according to stock market operator Euronext, which would likely further spur ...
2015 Geneva Motor Show LIVE: DS5 facelift
The French upscale brand recently presented online its facelifted DS5 family and the model has now been officially presented for the world audience during the 2015 edition of the Geneva ...
PSA’s Tavares believed to make good on pledges
With an ailing European market that saw two-decade lows after a six-year slump, the region’s second largest automaker was on the brink of collapse before last year’s salvation that came ...
PSA sees DS brand just as successful as Audi was for VW
PSA Peugeot Citroen decided to morph its DS upscale models to a full-fledged luxury brand not long ago and the ambitions are already very high: it should represent for the ...
PSA Peugeot Citroen ends sales slump in 2014
For the first time in four years, following the aftermath of the European economic crisis of 2008-2009 that led to the region’s six years sales slump, deliveries of the second ...
PSA officially decides to change Paris headquarters
PSA Peugeot Citroen, the second-largest European carmaker and one of the French icons when it comes to the motor industry, has announced it decided to move out of its historic ...
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 ...
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 ...

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