Peugeot foresees returning to profit in Latin America only in 2017
10/3/2014 -
A plan of "reconstruction" of PSA Peugeot Citroën in Latin America is underway to replace the automaker back to the path of profitability in the region over the next three years. The strategies range from advances in nationalization of cars in order to reduce exposure to exchange rate on imports of parts, the readjustment of the "structures" to a smaller market, through more aggressive presence in the premium segment with the DS.
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Peugeot Citroën may terminate 2014 with drop of up to 46% in the production
7/25/2014 -
PSA Peugeot Citroën should produce between 100 and 150 thousand vehicles in Brazil in 2014, number under 185 thousand cars produced in 2013. The negative variation, therefore, may be as high as 46%.
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PSA Peugeot Citroën has prejudice billionaire in Brazil
6/26/2014 -
Balance sheet released by the Brazilian subsidiary of the French group PSA Peugeot Citroën shows that the automaker still registering hits in the country. The results of 2013 were published only yesterday in the Official Gazette of Rio de Janeiro and reveal a loss of r $ 2.64 billion, almost seven times more than the losses of R $ 381,7 million the previous year.
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Traditional automakers lose space for newcomers
1/10/2014 -
The transformation in the profile of the automobile market in Brazil-for a scenario of greater competition and diversity of brands-deepened last year when, for the first time in history, the concentration of sales in the four most traditional automakers fell to below 70%. Together, Fiat, Volkswagen, General Motors (GM) and Ford accounted for 67.5% of passenger cars and light utility vehicles licensed in 2013, a fall of more than 3 percentage points compared to 70.8% in the previous year.
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Peugeot Citroen sales fall 9.8% in 1st half
7/11/2013 -
Worldwide sales of PSA Peugeot Citroën fell 9.8% from January to June, to 1.46 million units. In comparison, the overall market grew 3%.
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Chinese group can buy slice of Peugeot Citroën
7/5/2013 -
In trouble in Europe, where it continues to lose money, the French carmaker PSA Peugeot Citroën may be forced to attract your Chinese partner Dongfeng to buy a slice of the group.
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Vehicle manufacturers make up 9.5 percent of Brazilian imports until April
5/28/2013 -
Companies in the automotive industry, including manufacturers of automobiles, trucks and agricultural and construction machinery, accounted for 9.5% of imports from Brazil from January to April this year, or $ 7.3 billion of the total $ 77.6 billion, according to further data trade balance disclosed on Friday, 24, by the Ministry of development, industry and foreign trade (MDIC).
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New Citroën C4 Lounge comes to Brazil in the second half
5/16/2013 -
The new Citroën C4 Lounge, which retired the C4 Pallas in the domestic market, will come to Brazil in the second half of 2013, as was disclosed on Monday (13).
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South of the river receives $ 6 bi with automotive polo
4/19/2013 -
With the forecast of investments of more than $ 6 billion and the opening of five thousand new jobs in the region, will be installed today ' Automotive Cluster of Cavite. Four major companies in the sector will be gathered in the contract: MAN Latin America, Michelin, Nissan and PSA Peugeot Citroën, besides the participation of the regional representation of the Federation of industries of Rio de Janeiro (Firjan).
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Luxury brands grow in Europe, while others fall
4/10/2013 -
The discrepancy between the European luxury car makers and those aimed at the mass market, in difficulty by relying on the weakened economy, Europe seems bound to grow.
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Premium line of Citroën falls in like the Brazilian consumer
2/5/2013 -
The premium line of Citroen DS, seems to have fallen in the taste of Brazil. Launched in 2012, the DS5 hatch, for example, 300 units sold in less than a month after their presentation in the country.
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CEO puts Brazil in the heart of the ambition and investment of Peugeot-Citroën
2/1/2013 -
After 20 years of operation of the first factory of the French group Peugeot-Citroen (PSA) in Brazil, the company is poised to achieve a new level in the Brazilian market. In Puerto Real, in Rio de Janeiro, the company will produce, in addition to hatch, the sport utility 2008 208. The two models share the same platform of the new C3. The 208 hacth, incidentally, should be the most fitting car as early as 2014.
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