GM sells Opel Peugeot and BNP Paribas for 2.2 billion euros
3/6/2017 -
Paris — General Motors (GM) announced today that it closed a deal for the sale of your European unit, Opel, to Peugeot and BNP Paribas for 2.2 billion euros (US $2.33 billion).
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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 Announces recall of automobiles model 208
11/12/2013 -
Peugeot Citroën convened on Monday a recall of 208 model vehicles, of all versions. The owner of units produced from July 23 to August 10, 2013, with chassis numbering EB017919 the EB032339, should attend to a brand's dealerships.
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Peugeot makes offer to keep factories in France until 2016
9/26/2013 -
Peugeot offered 7.5% increase in the production of cars in France, to 1 million automobiles, and postpone any factory closures until at least 2016, amid labor negotiations to cut costs in its domestic market.
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Peugeot wants to grow in South America with support from GM
8/29/2013 -
The French carmaker Peugeot deficient wants to take advantage of the partner General Motors (GM) in South America to diversify away from the depressed European market. GM and Peugeot made an Alliance for 18 months, to split the costs and share ideas and products in Europe, but the French carmaker wants to expand the link and enjoy the great weight that your partner has South American markets, said yesterday its Chief Executive Officer.
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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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Who will be the champion?
7/2/2013 -
The contest for the leadership in the world's fourth largest market, Brazil, stirs up competition among automakers, which accelerate the news and launch new technologies here.
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Hyundai and Toyota lead growth
6/7/2013 -
Brands that have launched the compact car segment, the largest in the country, Hyundai and Toyota are most automakers take advantage of the strength of the Brazilian automobile market this year. In a period in which the industry is evolving at a rate of almost 9%, reaching 1.4 million cars got their plates between January and may, the two manufacturers of Asian origin are able to double sales in the country (see table beside).
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