REFILE-WRAPUP 2-PSA cuts more jobs, Sarkozy vows to help sector ( Thu, 20 Nov 2008 16:58:34 +0100) (Corrects story link in 4th paragraph) * PSA Peugeot Citroen to cut up to 3,550 jobs * French President vows help for struggling carmakers * 2 bln euros Read more WRAPUP 1-Peugeot cuts more jobs, Sarkozy vows to help carmakers ( Thu, 20 Nov 2008 13:52:37 +0100) * Peugeot Citroen to cut 2,700 jobs * French President vows help for struggling carmakers * 2 bln euros ($2.5 bln) package planned by EIB -govt paper Read more
UPDATE 1-Peugeot to cut jobs, sees 2009 car sales drop ( Thu, 20 Nov 2008 09:43:49 +0100) * To cut 2,700 jobs * Says if no action, group future would be endangered * shares down 3.3 percent (Adds detail) PARIS, Nov 20 (Reuters) - French carmaker Read more
RPT-UPDATE 1-Peugeot to cut jobs, sees 2009 car sales drop ( Thu, 20 Nov 2008 09:44:19 +0100) (Repeats to widen distribution) * To cut 2,700 jobs * Says if no action, group future would be endangered * shares down 3.3 percent PARIS, Nov 20 (Reuters) Read more
Sime Darby to Distribute Ssangyong Cars in Oz ( Fri, 14 Nov 2008 13:57:05 +0100) Malaysian-based Sime Darby acquired the Peugeot-brand distribution rights in Australia in 2001. Read more
TEXT-Moody's release on Peugeot S.A. ( Mon, 27 Oct 2008 14:15:46 +0100) (The following statement was released by the ratings agency) Oct 27 - Moody's Investors Service today downgraded Peugeot S.A's ("PSA") long term senior Read more
WRAPUP 1-GM/Chrysler talks intensify, Europe carmakers warn ( Sat, 25 Oct 2008 00:11:10 +0200) * GM intensifies talks to buy Chrysler * Chrysler to cut 25 pct of salaried, contract workers * Chrysler reviewing bids on its Viper sports car * Peugeot-Citroen Read more
TEXT-S&P revises Peugeot SA outlook to negative ( Fri, 24 Oct 2008 19:57:26 +0200) (The following statement was released by the rating agency) Oct 24 - Standard & Poor's Ratings Services said today that it has revised its outlook on Read more
Yontrakit to Reintroduce Peugeot Vehicles in Thailand ( Tue, 14 Oct 2008 15:27:09 +0200) Yontrakit will assemble the Peugeot Expert van using semi-knocked-down kits imported from France. Read more
CUV, Minivans to Expand Peugeot Lineup ( Thu, 02 Oct 2008 18:39:31 +0200) Peugeot General Manager Jean-Philippe Collin says the CUV, minivan and a smaller minivan in the future will broaden Peugeots lineup so that it covers 90% of the market, against only 72% now. Read more Citroen CUV May Hint at C6 Replacement ( Thu, 02 Oct 2008 17:36:56 +0200) Citroen and Peugeot will begin spreading a new generation of stop/start micro hybrid technology across its range of gasoline and diesel engines in 2010. Read more AUTOSHOW-UPDATE 1-PSA CEO confirms sticking to 2010 targets ( Thu, 02 Oct 2008 10:23:09 +0200) (Adds detail, CEO comments) PARIS, Oct 2 (Reuters) - PSA Peugeot Citroen is keeping the targets in its CAP 2010 programme, designed to boost margins by Read more
Peugeot Hoping to Race Diesel Hybrid in Next-Years 24 Hours of Le Mans ( Tue, 23 Sep 2008 14:35:06 +0200) The prototype made three tours of the racetrack at Silverstone, U.K., Sept. 13, but the reality of racing the 908 HY depends on meeting next years rules. Read more
Just one Peugeot for Petit Le Mans : ( Mon, 22 Sep 2008 20:25:00 +0200) Peugeot has reduced its Petit Le Mans assault to one car in the wake of its disastrous showing in the final round of the Le Mans Series at Silverstone earlier this month. Read more
Citroen C3 Picasso Aims at Challenging Meriva in Microvan Market ( Fri, 12 Sep 2008 17:55:07 +0200) The C3 Picasso will share the PSA plant in Trnava, Slovakia, with the Peugeot 207, based on the same platform. Read more Peugeot mulls new low-cost brand- report ( Mon, 01 Sep 2008 22:11:13 +0200) PARIS, Sept 1 (Reuters) - French carmaker PSA Peugeot Citroen is considering launching a new brand in Europe for its low-cost vehicles, business daily Read more
SocGen, Banque PSA in Russia consumer finance deal ( Wed, 27 Aug 2008 11:14:20 +0200) PARIS, Aug 27 (Reuters) - French bank Societe Generale and Banque PSA Finance, the financial arm of carmaker Peugeot , said they had signed a deal for Read more
WRAPUP 3-Volkswagen, Peugeot and Fiat defy sector gloom ( Wed, 23 Jul 2008 20:46:59 +0200) (Adds Fiat details, closing share prices) By Marcel Michelson and Christiaan Hetzner PARIS/FRANKFURT, July 23 (Reuters) - Volkswagen led a trio of European Read more
WRAPUP 2-Volkswagen, Peugeot and Fiat defy sector gloom ( Wed, 23 Jul 2008 15:37:18 +0200) (Adds details on cost savings, debt instruments) By Marcel Michelson and Christiaan Hetzner PARIS/FRANKFURT, July 23 (Reuters) - Volkswagen led a trio Read more WRAPUP 1-Peugeot-Citroen, Volkswagen, Fiat defy sector gloom ( Wed, 23 Jul 2008 12:31:54 +0200) By Marcel Michelson and Christiaan Hetzner PARIS/FRANKFURT, July 23 (Reuters) - European car makers Volkswagen, Peugeot Citroen and Fiat defied gloomy Read more
UPDATE 4-Peugeot Citroen keeps margin target as H1 rises ( Wed, 23 Jul 2008 10:27:17 +0200) (Adds more market reaction) By Marcel Michelson PARIS, July 23 (Reuters) - Europe's second-biggest car maker, PSA Peugeot Citroen , on Wednesday stuck Read more
UPDATE 1-Peugeot Citroen keeps margin target as H1 rises ( Wed, 23 Jul 2008 08:22:32 +0200) (Adds details) PARIS, July 23 (Reuters) - Europe's second-biggest car marker PSA Peugeot Citroen on Wednesday maintained its operating profit margin target Read more
PSA Depending on Small Cars to Grow Second-Half Sales ( Thu, 10 Jul 2008 15:31:06 +0200) Citroen sold 57,000 units of its smallest car, the C1, in Europe in the first half, a 10% increase from year-ago, while Peugeot sold 56,000 of its equivalent, the 107, for a 3% gain. Read more UPDATE 3-Peugeot sees west Europe mkt worsening, shares drop ( Tue, 08 Jul 2008 11:16:55 +0200) (Adds analyst reaction, Renault, Fiat and BMW) By Marcel Michelson PARIS, July 8 (Reuters) - PSA Peugeot Citroen , Europe's second-biggest carmaker, warned Read more
Citroen sees 110,000 new C3 Picasso sales a year ( Tue, 08 Jul 2008 12:19:17 +0200) PARIS, July 8 (Reuters) - French car maker Citroen, part of the Peugeot Citroen group, is planning to sell 110,000 units a year of its newly-unveiled Read more