Peugeot

Peugeot maker assures investors it can face market downturn

[PARIS] Peugeot maker PSA Group defied mounting pessimism in the car industry by raising its dividend and offering assurances to investors that it can withstand a deepening slump.

Fiat Chrysler, Peugeot owner PSA agree on binding merger in US$50b deal

Fiat Chrysler, Peugeot owner PSA agree on binding merger in US$50b deal

[PARIS] Fiat Chrysler (FCA) and Peugeot maker PSA said on Wednesday they had agreed on a binding merger in a US$50 billion deal that will pave the way to the creation of the world's fourth-largest car...

Peugeot maker PSA has French backing for Fiat deal

Peugeot maker PSA has French backing for Fiat deal

PSA Group has secured the backing of one of its major shareholders, the French government, for its plan to merge with Fiat Chrysler Automobiles, according to people familiar with the matter.

China's car market heads for unprecendented second annual drop

China's car market heads for unprecendented second annual drop

CHINA'S car sales continued their decline in November, extending a historic slump and all but ensuring a second straight annual drop for the world's biggest market.

PSA Peugeot board approves merger with Fiat Chrysler: source

PSA Peugeot board approves merger with Fiat Chrysler: source

[WASHINGTON] The board of Peugeot maker Groupe PSA on Wednesday approved a merger with Italian-US carmaker Fiat Chrysler, creating a new global auto giant, a person familiar with the deal said Wednesd...

Fiat Chrysler, Peugeot in merger talks to create US$50b firm: source

Fiat Chrysler, Peugeot in merger talks to create US$50b firm: source

[WASHINGTON] US-Italian auto giant Fiat Chrysler and France's Peugeot are in merger talks that would yield an entity valued at about US$50 billion, a person with knowledge of the matter told AFP on Tu...

Peugeot, Dongfeng agree to restructuring plan for Chinese venture

Peugeot, Dongfeng agree to restructuring plan for Chinese venture

[BEIJING] Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boos...

BMW and Peugeot go ahead with plant shutdowns in Britain

BMW and Peugeot go ahead with plant shutdowns in Britain

BMW's Mini plant in Britain closes for four weeks from Monday and Peugeot's Vauxhall car factory shuts for two weeks in moves planned months ago to help the firms deal with any disruption resulting fr...

Peugeot-maker PSA lifts profit goal after record 2018

Peugeot-maker PSA lifts profit goal after record 2018

FRENCH carmaker PSA Group raised its medium-term profit guidance on Tuesday after reporting record full-year sales and earnings, buoyed by the success of its Peugeot 3008 and 5008 SUV models.

Peugeot makes a comeback in North America

Peugeot makes a comeback in North America

[PARIS] With the auto industry in retreat, and US President Donald Trump threatening new tariffs on European cars, PSA Group is stepping into the fray staging a comeback plan for the Peugeot brand to ...