Rajiv MenonAutomotive
Momenta Secures Stellantis Deal to Supply Peugeot and Jeep from 2027
The Chinese software developer will supply driver-assistance systems for electrified Peugeot and Jeep models across China, Europe and international markets.
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peugeot
Every story tagged peugeot on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged peugeot
25 stories in this topic
Wei ZhangAutomotive
Fiat Chrysler, PSA Merger To Include Investor Loyalty Scheme
Fiat Chrysler’s merger with Peugeot maker PSA will include a loyalty scheme to reward long-term investors and help prevent future takeover attempts, the prospectus for the planned tie-up shows. Italian-American carmaker Fiat Chrysler (FCA) and France’s PSA…
Aiko TanakaAutomotive
Fiat Chrysler, Peugeot Decide To Withhold 2019 Dividend Payout
The boards of automakers Fiat Chrysler Automobiles N.V. and Peugeot S.A said on Wednesday it would not pay an ordinary dividend for 2019 this year due to a collapse in consumer demand resulting from the COVID-19 pandemic. The health crisis has thrown the…
Maria SantosAutomotive
Peugeot Maker PSA Says Demand To Fall Sharply, Keeps Margin Goal
French automaker PSA on Tuesday warned of sharp falls in demand for the sector this year after posting a 15.6% drop in first-quarter sales but maintained its mid-term operating margin goal. The maker of Peugeot, Citroen, DS, Opel and Vauxhall is working…
Aiko TanakaAutomotive
Peugeot To Repatriate Staff From China’s Wuhan Area After Coronavirus Outbreak
French automotive group PSA, maker of the Peugeot and Citroen brands, said in a statement it will repatriate expat staff and their families from the Wuhan area in China, which is at the center of an outbreak of coronavirus. It said that 38 people would be…
Aiko TanakaAutomotive
Fiat Chrysler And Peugeot Sign $50 Billion Merger Deal
Fiat Chrysler Automobiles and Peugeot S.A. have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses. This merger creates the 4th largest global automotive OEM by volume and 3rd largest by revenue. The proposed…
Maria SantosAutomotive
Fiat Chrysler Says Peugeot Talks Progressing Despite GM Lawsuit
Fiat Chrysler (FCA) said on Thursday talks with Peugeot owner PSA Group to create a $50 billion carmaking group were going well, despite FCA being sued for “substantial damages” by General Motors late on Wednesday. General Motors (GM) filed the lawsuit in the…
Aiko TanakaAutomotive
European Factories At Risk In Peugeot-Fiat Merger
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market. The companies last week…
Maria SantosAutomotive
Peugeot, Fiat Chrysler Move Step Closer To Possible Merger
Fiat Chrysler and Groupe PSA, the maker of Peugeot and Citroen cars, moved a step closer Wednesday to create a new global auto giant as the industry battles ever fiercer competition and the costly shift from traditional to electric cars. A source familiar…
Maria SantosAutomotive
Groupe PSA Opens New Technical Centre In Chennai
PCA Motors India, part of Groupe PSA today announced opening its new India Technical Centre (ITC) in Chennai, Tamil Nadu. The company says that the new technical centre will play a key role in the smoother and more efficient working of the employees of PSA…
Rajiv MenonAutomotive
Renault Fiat Case ‘Not Closed’
Plans to merge carmakers Renault and Fiat Chrysler could re-emerge despite the breakdown of negotiations last week, France’s transport minister said on Tuesday, joining a chorus of French officials hoping the deal could be revived. Asked if talks between the…
Maria SantosAutomotive
Peugeot manufacturing plant debuts in Quảng Nam
The Trường Hải Automobile Corporation (Thaco) in co-operation with French car manufacturer Peugeot Group (PSA) officially inaugurated a new manufacturing plant and rolled out two made-in-Vietnam models – the Traveller Luxury and Traveller Premium – in the…
Maria SantosAutomotive
Ambassador To Return As PSA’s EV Brand For India
While the PSA Peugeot-Citroen group has officially announced that it will bring its Citroen brand to India, we finally have some news on its plans for Ambassador too. Two days before holding its first-ever official press conference in India to show us…
Wei ZhangAutomotive
Vietnamese car maker plans private share issue
Truong Hai Auto Corporation (THACO) is planning to issue more than 30.3 million shares to a strategic shareholder. The company is currently collecting shareholders’ opinions on a draft resolution to authorize a private placement worth an estimated total of…
Wei ZhangAutomotive
PSA signs Malaysia production deal to boost Asia reach
PSA Group has signed a deal with Malaysian company Naza to jointly produce PSA-branded cars for Malaysia and other Asian markets. It is part of the automaker’s plans to boost its presence in the region after a failed bid to form a partnership with with Proton…
Sarah ChenAutomotive
Peugeot ups Chinese petrol engine shipments amid diesel slump
French carmaker PSA Group is increasing shipments of Chinese-made gasoline engines to Europe as it adapts to a consumer shift away from diesel, Les Echos reported on Monday. The maker of Peugeot and Citroen cars now expects to source 100,000 gasoline engines…