World news about “Peugeot” published by euronews.
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 the loss of… 29/04/2013
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 avoid… 13/02/2013
Peugeot to get state aid, but with conditionsPSA Peugeot Citroen has got temporary approval from Brussels for some of the state aid it is being offered by the French government. The European… 11/02/2013
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 suspension of the… 29/01/2013
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 little room… 16/01/2013
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 outside… 09/01/2013
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, but they… 20/12/2012
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… 13/11/2012
European Commission agrees to support ailing European car industry Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission committed to… 08/11/2012
Peugeot Citroen gets government rescue The French government is to provide struggling carmaker PSA Peugeot Citroen with seven billion euros in financial guarantees. It is part of 11.5 billion… 24/10/2012
German car sales slide again Car sales in Germany continue to fall. In September they were down by two percent from the same month last year, taking into account the fact that there were… 02/10/2012
Peugeot driven to sell assets Struggling French carmaker PSA Peugeot Citroen is about to sell a controlling stake in GEFCO, its subsidiary that transports vehicles for delivery… 20/09/2012
Peugeot recovery plan report says job cuts inevitable Job cuts and restructuring at PSA Peugeot Citroen are unavoidable to safeguard its future. That is the conclusion of an expert report into its financial… 11/09/2012
European markets at close: 08.08.12 08/08/2012
French carmaker in van deal with Toyota Peugeot Citroen and Toyota have signed a deal to allow the French carmaker to supply vans to the Japanese auto giant. The move comes at a time when Peugeot… 23/07/2012
Tensions flare amid Peugeot-Citroen job cuts After the shock announcement of planned job cuts at PSA Peugeot Citroen, it’s time for negotiations. The French government initiated discussions with the… 17/07/2012
Carmakers’ dilemma: too many plants, too few buyers Peugeot’s 8,000 job cuts and closure of a plant near Paris comes as cash strapped Europeans buy fewer new cars and the region’s manufacturers ponder what to… 12/07/2012
Crisis hits Peugeot Citroen’s sales Struggling French carmaker PSA Peugeot Citroen’s deliveries in the first half of the year tumbled as Europe’s economic downturn kept buyers out of the… 06/07/2012
Job cut report drives up Peugot Citroën’s stock PSA Peugot Citroën’s shares gained on a report that it is to cut more jobs than originally planned this year in France, up to 10,000. With European car… 03/07/2012
Peugeot Citroen ‘to cut deeper’ Struggling French carmaker PSA Peugeot Citroen has raised its target for the savings it wants to make this year according to union officials taking part in… 28/06/2012
Bumpy road ahead for Peugeot Citroen Tough times at PSA Peugeot Citroen which saw sales fall seven percent in the early part of the year and says things will be difficult until at least the… 25/04/2012
ECB pumps massive funds into finance system This past week was rather like the start of spring for the finance world after a stormy winter with the help of the European Central Bank’s massive financing… 02/03/2012
Peugeot GM alliance targets savings PSA Peugeot Citroen has agreed to form an alliance with General Motors. GM will take a seven percent stake in the French carmaker which will issue new… 29/02/2012
GM may buy small Peugeot stake Shares in PSA Peugeot Citroen rose sharply on Tuesday on reports that General Motors is in advanced talks on buying a small stake in the French carmaker –… 28/02/2012
Peugeot ‘considering production deal’ with GM PSA Peugeot Citroen is reportedly talking to General Motors about a broad manufacturing alliance. The idea is to reduce their losses in Europe and lower… 22/02/2012
Peugeot to cut 5,000 jobs in France A union official says PSA Peugeot Citroen is planning to cut 5,000 jobs in its home country — France. That would be more layoffs than it had previously spoken… 15/11/2011
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European carmakers apply the brakesThe carnage continues among carmaker with Ford saying on Thursday that would cut its production capacity in Europe by 18 percent; that is 355,000 vehicles a… 25/10/2012
PSA workers protest at Paris Motor ShowThe Paris Motor Show has opened, and with it a demonstration by some disgruntled employees of PSA Peugeot. Around 50 workers gathered at the entrance to the… 29/09/2012
Green dream to save French car industryThe French government is banking on green technology to prop up its ailing automotive industry. But there are doubts subsidies for electric and hybrid cars… 25/07/2012
Cashback plan to revive France’s car industryFrance has announced a plan to revive its ailing car industry. Anyone buying a new car will get special reductions for how green they go. Electric car… 25/07/2012
More problems for Peugeot CitroenEurope’s second biggest car maker has posted losses of 819 million euros for the first half of the year – almost four times as much as experts had… 25/07/2012
More woes for Peugeot CitroenEurope’s second biggest car maker has posted losses of 819 million euros for the first half of the year – almost four times as much as experts had… 25/07/2012
French minister calls for Peugeot job cut u-turnThe French government has urged PSA Peugeot Citroen to rethink its plans to cut jobs and close its plant in Aulnay, just outside Paris. Arnaud Montebourg… 13/07/2012
Peugeot Citroen workers fear for their futuresPSA Peugeot Citroen’s decision to shut its Aulnay plant has left workers fearing for their future. Staff said the closure will have an huge impact on the… 12/07/2012
French car giant Peugeot Citroen sheds 8,000 jobsFrance’s biggest carmaker Peugeot Citroen has stunned the country by announcing 8,000 job cuts and the closure of an assembly plant near Paris. Unions have… 12/07/2012
French car giant Peugeot Citroen to cut 8,000 jobsFrench carmaker Peugeot Citroen has announced 8,000 job cuts and the closure of an assembly plant outside Paris as it struggles with mounting… 12/07/2012
PSA returns to profit, plans Indian expansionPSA Peugeot Citroen returned to profit last year and the French carmaker said it is looking to India and other fast-growing emerging markets to compensate for… 09/02/2011
Peugeot and BMW join forces on hybridsFrench car maker PSA Peugeot Citroen and Germany’s BMW are getting together to develop components to power hybrid and electric vehicles. The two are… 02/02/2011
Record 2010 sales for PSA Peugeot CitroenFrench car maker PSA Peugeot Citroen sold 3.6 million vehicles last year – its most ever. That compares with sales of 3.2 million in 2009. Chief… 06/01/2011
Peugeot Citroen boosted by emerging marketsPSA Peugeot Citroen has raised its profit target due to brisk sales in new markets. The French carmaker said in the third-quarter it sold 10 percent more… 20/10/2010
French car-makers make early loan repaymentsBoth Peugeot-Citroën and Renault are to make early repayments on the three billion euros they were each given by the French government. The two companies were… 10/09/2010
Peugeot Citroen anticipates tough yearPSA Peugeot Citroen has said its losses widened to almost 690 million euros last year. The French carmaker believes trading conditions will continue to be… 10/02/2010
US car dealers urge calm over Toyota recallsUS car dealers have appealed for calm following Toyota’s recall of 5.6 million vehicles that could suffer from sudden acceleration. The move has sparked an… 31/01/2010
Peugeot tries to go globalAfter Renault’s fruitful partnership with Nissan Peugeot may become the second French carmaker to head east with the news it is in talks to buy a 30 to 50… 03/12/2009
Some signs of car sales recoveringThe latest earnings from some of the world’s biggest carmakers suggested the industry may be past the worst of the slump. Germany’s Daimler said it is… 29/07/2009
