Opel with new business model in Sweden and Denmark 2018-05-15 Interdan Bil A/S appointed as importer partner in Denmark and Sweden More agility and flexibility in the markets will foster growth of Opel Important milestone of PACE! plan Rüsselsheim. Opel has taken a further step in the execution of its strategic plan PACE!, which has… Continue reading Opel with new business model in Sweden and Denmark
Author: PSA Official News
Opel is at the right PACE!
*/ ]]> Opel Post: Mr. Lohscheller, our turnaround plan PACE! has now been under execution for six months. How is its implementation progressing? Michael Lohscheller: We are making good progress and are moving rapidly. We presented PACE! on November 9 last year only 100 days after the merger. And we immediately start with its implementation.… Continue reading Opel is at the right PACE!
“PACE! is working”
*/ ]]> Opel Post: Mr. Lohscheller, half a year now our turnaround plan PACE! in front. How does it work with the implementation? Michael Lohscheller: We are making good progress. We are driving at a fast pace. Already 100 days after the merger, on the 9th of November last year, we have PACE! presented. And… Continue reading “PACE! is working”
The Man at The Driver’s Seat
*/ ]]> March 22: In addition to the six Centers of Competence (CoC) already announced in November, the PSA Group now wants to establish nine further CoCs at the Rüsselsheim development center – including one for seat development. This is good news for Stefan Koob, head of the center, and a logical decision. “We started… Continue reading The Man at The Driver’s Seat
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(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
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