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Peugeot Citroen to cut more jobs in France - reports

Carmaker Peugeot Citroen reportedly plans to cut more than 2,000 jobs in France next year through early retirements and voluntary buyouts.

Carmaker Peugeot Citroen reportedly plans to cut more than 2,000 jobs in France next year through early retirements and voluntary buyouts.

News

European car sales strong in September

European car sales grew by a strong 7.3 percent last month with increases for smaller so-called volume vehicles and luxury premium cars alike.

European car sales grew by a strong 7.3 percent last month with increases for smaller so-called volume vehicles and luxury premium cars alike.

Sport

Cyril Despres soars in the mountains to extend his Silk Way lead

After a well-deserved rest day,The Silk Way Rally returned to action with a short but intense timed-sector run in the high-mountain plains at between 2,000 and 2,600 metres above sea…

After a well-deserved rest day,The Silk Way Rally returned to action with a short but intense timed-sector run in the high-mountain plains at between 2,000 and 2,600 metres above sea…

Business

Peugeot unveils new plan to maintain profit

French carmaker, Peugeot Citroen, has unveiled its plans to return to consistent sales growth. In what chief executive Carlos Tavares described as a

French carmaker, Peugeot Citroen, has unveiled its plans to return to consistent sales growth. In what chief executive Carlos Tavares described as a

Business

Peugeot Citroen compensates Iran for sanctions prompted pull out

French car-maker PSA Peugeot Citroen will pay Iran over 400 million euros in compensation for losses after it quit the country due to international trade sanctions.

French car-maker PSA Peugeot Citroen will pay Iran over 400 million euros in compensation for losses after it quit the country due to international trade sanctions.

Business

Peugeot and Renault in pole position to enter Iran's car market

It’s Iran’s biggest industry after oil: car-making. And the expected phasing out of sanctions following July’s nuclear deal means the race is on to

It’s Iran’s biggest industry after oil: car-making. And the expected phasing out of sanctions following July’s nuclear deal means the race is on to

Business

More job cuts at Peugeot as carmaker warns French workforce

French carmaker Peugeot is to cut jobs in its home market via early retirements, buyouts and internal transfers. Unions have been told 3450 jobs must

French carmaker Peugeot is to cut jobs in its home market via early retirements, buyouts and internal transfers. Unions have been told 3450 jobs must

Business

PSA Peugeot Citroen gets boost from sales in China

Booming Chinese sales have been helping PSA Peugeot Citroen. Between July and September its revenue increased by 1.6 percent to 2.3 billion

Booming Chinese sales have been helping PSA Peugeot Citroen. Between July and September its revenue increased by 1.6 percent to 2.3 billion

News

Rival car makers roll out top models at Auto China show

With China now the world’s largest car market, the Beijing’s annual automobile show has become an unmissable event for car makers. US car giant

With China now the world’s largest car market, the Beijing’s annual automobile show has become an unmissable event for car makers. US car giant

Business

Carlos Tavares to lead Peugeot

French car maker PSA Peugeot Citroen has a new boss. The company has announced Carlos Tavares will be the next CEO charged with taking Europe’s

French car maker PSA Peugeot Citroen has a new boss. The company has announced Carlos Tavares will be the next CEO charged with taking Europe’s

Business

Peugeot Citroen losses overshadow rescue deal

PSA Peugeot Citroen has unveiled annual losses of 2.32 billion euros, overshadowing a rescue deal reached with China’s Dongfeng and the French

PSA Peugeot Citroen has unveiled annual losses of 2.32 billion euros, overshadowing a rescue deal reached with China’s Dongfeng and the French

Business

China's Dongfeng and Peugeot agree tie-up

China’s Dongfeng is taking a major stake in PSA Peugeot Citroen as part of a rescue deal for the struggling French carmaker. Dongfeng, the

China’s Dongfeng is taking a major stake in PSA Peugeot Citroen as part of a rescue deal for the struggling French carmaker. Dongfeng, the

Business

Peugeot's crisis deepens, shares slump as GM sells off

Shares in PSA Peugeot Citroen fell a further 12 percent on Friday, after General Motors sold its stake in the struggling French carmaker. It owned

Shares in PSA Peugeot Citroen fell a further 12 percent on Friday, after General Motors sold its stake in the struggling French carmaker. It owned

Business

Peugeot CEO turns down 21 million euro pension package

Philippe Varin, the outgoing CEO of struggling French carmaker PSA Peugeot Citroen, has turned down his 21 million euro pension plan offer – after a

Philippe Varin, the outgoing CEO of struggling French carmaker PSA Peugeot Citroen, has turned down his 21 million euro pension plan offer – after a

Business

Former Renault No.2 said to be taking the wheel as Peugeot CEO

France’s PSA Peugeot Citroen is set to announce a new Chief Executive Officer, according to sources familiar with the matter. Carlos Tavares, Chief

France’s PSA Peugeot Citroen is set to announce a new Chief Executive Officer, according to sources familiar with the matter. Carlos Tavares, Chief

Business

Peugeot and GM scale back alliance

PSA Peugeot Citroen is to scale back its alliance with US company General Motors. Peugeot said a joint small-car programme with GM is likely to be

PSA Peugeot Citroen is to scale back its alliance with US company General Motors. Peugeot said a joint small-car programme with GM is likely to be

Business

Peugeot-Citroen consider selling stake to China

PSA Peugeot Citroen is reportedly weighing up whether to sell a stake to Chinese firm, Dongfeng Motor Corp. The French car maker is trying to

PSA Peugeot Citroen is reportedly weighing up whether to sell a stake to Chinese firm, Dongfeng Motor Corp. The French car maker is trying to

Business

Europe's car makers warn weak recovery means more cuts

As the Frankfurt motor show opened European car makers were gloomy saying they will need to close more factories and cut more jobs. The bosses of

As the Frankfurt motor show opened European car makers were gloomy saying they will need to close more factories and cut more jobs. The bosses of

Business

Peugeot Citroen Aulnay plant closure moves nearer

With their latest legal challenge dismissed, the unions for workers at PSA Peugeot Citroen’s Aulnay plant near Paris have accepted its closure and

With their latest legal challenge dismissed, the unions for workers at PSA Peugeot Citroen’s Aulnay plant near Paris have accepted its closure and

Business

Record loss for Peugeot Citroën

PSA Peugeot Citroën has defended its recovery plan at the same time that it announced its biggest-ever full-year loss.   The French carmaker vowed to

PSA Peugeot Citroën has defended its recovery plan at the same time that it announced its biggest-ever full-year loss.   The French carmaker vowed to

Business

Peugeot to get state aid, but with conditions

PSA Peugeot Citroen has got temporary approval from Brussels for some of the state aid it is being offered by the French government. The European

PSA Peugeot Citroen has got temporary approval from Brussels for some of the state aid it is being offered by the French government. The European

Business

Court delays Peugeot job cuts

PSA Peugeot Citroen says a court ruling over 8,000 job cuts will delay but not halt them. The Paris Appeal Court has ordered a temporary

PSA Peugeot Citroen says a court ruling over 8,000 job cuts will delay but not halt them. The Paris Appeal Court has ordered a temporary

Business

European car sales slump to 17-year low

Sales of new cars in recession-hit Europe fell to their lowest in 17 years last year. That leaves the region’ s mass market manufacturers with

Sales of new cars in recession-hit Europe fell to their lowest in 17 years last year. That leaves the region’ s mass market manufacturers with

Business

Crisis crashes Peugeot Citroen's sales

Struggling French carmaker PSA Peugeot Citroen’s global sales have plunged. As the eurozone crisis hit consumer demand in Europe, Peugeot’s sales

Struggling French carmaker PSA Peugeot Citroen’s global sales have plunged. As the eurozone crisis hit consumer demand in Europe, Peugeot’s sales

Business

Peugeot and GM change alliance plans

General Motors and Peugeot Citroen have announced the revised terms of their joint venture. Plans to produce a mid-sized car have been scrapped

General Motors and Peugeot Citroen have announced the revised terms of their joint venture. Plans to produce a mid-sized car have been scrapped

Business

European car giants reportedly halt talks

Peugeot and General Motors have put the brakes on talks due to the French car makers financial problems and government-backed bailout, according to

Peugeot and General Motors have put the brakes on talks due to the French car makers financial problems and government-backed bailout, according to