PSA Peugeot Citroen currently faces an in-depth European Union probe to see if the 7 billion euro offered by the French government as bond guarantees are in accord with the ...
Five out of Peugeot’s six labor unions accepted the company’s plan to cut 11,200 jobs in France and close the Aulnay plant in order to cut losses.
Five labor unions favored ...
PSA Peugeot-Citroen named Yves Bonnefont to be Citroen’s deputy CEO.
Veteran industry executive manager Yves Bonnefont , 42, will be responsible for the expansion of the upscale DS brand and the ...
PSA Peugeot Citroen’s first quarter revenue surpassed analysts’ predictions due to growth in Latin America and China, offsetting the decline in Europe.
Although Peugeot’s revenue dropped 6.5% compared with last year, ...
PSA Peugeot Citroen might close the Aulnay plant this year, as strikes disrupt production, according to anonymous sources.
The sources said that PSA Peugeot Citroen might close the facility as soon ...
Moody’s Investors Service downgraded Banque PSA Finance to one level below the investment grade.
Today, April 16th, Moody’s announced that PSA Peugeot Citroen’s bank, Banque PSA Finance, was downgraded one step ...
Peugeot CEO Maxime Picat says the result’s of the automaker’s efforts to move upmarket, after the company reported a loss of 5 billion euro in 2012.
"Just 15 percent of sales ...
In order to survive Renault and PSA Peugeot Citroen have to increase global production and sales, and make more restructuring in France.
During the first two months of the year auto ...
PSA Peugeot Citroen finally reached a deal with labor unions over plan to cut its workforce in France by 17%.
Five labor unions, which account for 76% of the total number ...