Cars
France’s largest carmaker PSA Peugeot Citroën has announced that China's Dongfeng Motor Group and the French state will each pay €800 million ($1.09 billion) for 14 percent of the carmaker, matching Peugeot family’s reduced holding. Much needed cash will also result from a €1.4 billion ($1.92 billion) rights issue in which shareholders and the market can take part. Read more »
- Psa And Dongfeng To Develop Global Platform For B- And C-segment Cars
Following Dongfeng Group’s acquisition of a 14 percent stake in PSA Peugeot Citroën in March 2014, the two companies have announced they will deepen their collaboration. Read more »...
- Psa Peugeot Citroën Increases 2015 Output In Europe By 60,000 Vehicles
French automaker PSA Peugeot Citroën has announced it is increasing output at its European plants to meet increasing demand in the region. France’s largest car manufacturer said more than 60,000 additional vehicles will be produced in Europe...
- Renault And Dongfeng Motor Set Up Joint Venture In China, Will Build Crossovers From 2016
There has been a lot of talk recently about the intention of China’s Dongfeng Motor to take a stake in PSA Peugeot-Citroen. Until that deal is official, the Asian carmaker has announced a new joint venture with Renault, France’s other major...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- Volkswagen Group Operating Profits Soar 86 Percent In The First 9 Months Of 2011
Whereas the rest of the European carmakers such as PSA Peugeot and Citroen and the Fiat Group are facing troubled times, the German auto industry is enjoying one of its most prosperous eras ever. On Thursday, Europe's largest automaker, the Volkswagen...
Cars
China’s Dongfeng and the French State Each Buy 14 Percent Stake in PSA Peugeot Citroën
France’s largest carmaker PSA Peugeot Citroën has announced that China's Dongfeng Motor Group and the French state will each pay €800 million ($1.09 billion) for 14 percent of the carmaker, matching Peugeot family’s reduced holding. Much needed cash will also result from a €1.4 billion ($1.92 billion) rights issue in which shareholders and the market can take part. Read more »
- Psa And Dongfeng To Develop Global Platform For B- And C-segment Cars
Following Dongfeng Group’s acquisition of a 14 percent stake in PSA Peugeot Citroën in March 2014, the two companies have announced they will deepen their collaboration. Read more »...
- Psa Peugeot Citroën Increases 2015 Output In Europe By 60,000 Vehicles
French automaker PSA Peugeot Citroën has announced it is increasing output at its European plants to meet increasing demand in the region. France’s largest car manufacturer said more than 60,000 additional vehicles will be produced in Europe...
- Renault And Dongfeng Motor Set Up Joint Venture In China, Will Build Crossovers From 2016
There has been a lot of talk recently about the intention of China’s Dongfeng Motor to take a stake in PSA Peugeot-Citroen. Until that deal is official, the Asian carmaker has announced a new joint venture with Renault, France’s other major...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- Volkswagen Group Operating Profits Soar 86 Percent In The First 9 Months Of 2011
Whereas the rest of the European carmakers such as PSA Peugeot and Citroen and the Fiat Group are facing troubled times, the German auto industry is enjoying one of its most prosperous eras ever. On Thursday, Europe's largest automaker, the Volkswagen...