(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
Author: PSA Official News
Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up
For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up
PEUGEOT: leader in passenger cars in April 2018
In April, the PEUGEOT brand achieved an excellent performance and established itself as the leader in the passenger car market. The brand is also the leader in the private sales channel, posting a 12% increase in volumes.In the first four months of the year, PEUGEOT grew by nearly 15,000 registrations. This performance was driven in… Continue reading PEUGEOT: leader in passenger cars in April 2018
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
Shareholders’ Meeting of 24 April 2018
The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount of €0.53 per share for financial year 2017. The… Continue reading Shareholders’ Meeting of 24 April 2018
Q1 2018 revenue sharp growth
• Consolidated worldwide sales up 44.2% including Opel Vauxhall (OV) with over 1 million vehicles sold1 ;• Groupe PSA revenue up 42.1% at €18.2 billion2 ;• Peugeot Citroën DS (PCD) Automotive division revenue up 13.3% : Strong market share increase in Europe (+0.7 pt)3 ; Successful launches of new models in all regions.• OV Automotive division revenue amounted to €4.8 billion… Continue reading Q1 2018 revenue sharp growth
Opel Grandland X Debut for New 1.5-Litre Diesel Engine
Opel Grandland X Debut for New 1.5-Litre Diesel Engine 2018-04-26 Powerful: New 1.5 Diesel with 96 kW/130 hp Ahead of schedule: New 1.5-litre diesel already meets future Euro 6d-TEMP standard Optimum after-treatment: NOx adsorber plus Selective Catalytic Reduction Lower fuel consumption: Up to four percent more efficient than predecessor Eight-speed: Low friction automatic gearbox for… Continue reading Opel Grandland X Debut for New 1.5-Litre Diesel Engine
“The beginning of a new era”
*/ ]]> Antonio Cobo, Plant Manager Zaragoza, in an interview. Four from one factory: The Opel Corsa, Mokka X and Crossland X as well as the Citroën C3 Aircross are manufactured in Zaragoza (from left). Proud figures: since 1982, the factory in Zaragoza has produced almost 13 million vehicles and more than 3.5 million component… Continue reading “The beginning of a new era”
Groupe PSA: Shareholders’ Meeting of 24 April 2018
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) : The Annual Shareholders’ Meeting of Peugeot S.A. was held on 24 April 2018, under the Chairmanship of Mr Louis Gallois. The Shareholders’ Meeting adopted all the resolutions proposed by the Supervisory Board and the Managing Board, particularly the proposal to pay a dividend in an amount… Continue reading Groupe PSA: Shareholders’ Meeting of 24 April 2018
Groupe PSA: Q1 2018 Revenue Sharp Growth
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) Group Q1 2018 revenue amounted to €18,182 million, compared with €12,798 million in Q1 2017. At constant 2015 exchange rate and perimeter, 2018 Group revenue was up 21.6%4. PCD Automotive division revenue amounted to €10,214 million up by 13.3% compared to Q1 2017. This increase was mainly driven… Continue reading Groupe PSA: Q1 2018 Revenue Sharp Growth