Q1 SALES STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS Read more TECHNOLOGY FOR THE 1ST TIME AT THE HANNOVER MESSE, FAURECIA WILL SHOWCASE ITS FUEL CELL TECHNOLOGIES Read more Site opening FAURECIA OPENS A TECH CENTER IN YOKOHAMA TO ACCELERATE DEVELOPMENT WITH JAPANESE CARMAKERS Read more Parole… Continue reading Access to sites
Tag: PSA
GM Recognizes GP Strategies for Performance, Quality, and Innovation
COLUMBIA, Md., April 30, 2018 /PRNewswire/ — GP Strategies Corporation (NYSE: GPX) was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida. GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations,… Continue reading GM Recognizes GP Strategies for Performance, Quality, and Innovation
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: the works council blocks candidates at departure
Things do not work out in Germany for Opel. Fearing a haemorrhage in the workforce, the works council of the new division of PSA has simply decided to block candidates for various plans for voluntary departures in progress. More than 200 cases – most of them from Russelsheim, Kaiserslautern or Eisenach plants – are currently… Continue reading Opel: the works council blocks candidates at departure
Opel works council blocks severance program
The voluntary severance package at Opel is apparently well received. The works council sees the future of the automaker endangered – and provisionally denies its approval. Opel plant in Kaiserslautern (archive) Friday, 27.04.2018 14:05 clock at Opel the dispute over the voluntary redundancy program is escalating. The works council provisionally refuses to approve current contracts.… Continue reading Opel works council blocks severance program
Vauxhall Corsa diesel axed due to low demand
The Vauxhall Corsa will no longer be offered with a diesel engine because the variant represented just 2.5% of the model’s sales. Corsas powered by the 1.3 CDTi engine were particularly unpopular with retail buyers, who account for the majority of the hatchback’s customers. In 2017, just 0.5% of Corsa retail purchases were of the diesel. This fits… Continue reading Vauxhall Corsa diesel axed due to low demand
FAURECIA : 2017 registration document
News releaseNanterre (France), April 27, 2018Faurecia 2017 registration documentFaurecia filed its 2017 registration document with the French Autorité des Marchés Financiers on April 26, 2018.It is available for consultation on the corporate website of the Company:www.faurecia.com/en/finance/amf-regulated-informationas well as on the website of the AMF : www.amf-france.org.The registration document contains:the annual financial report ;information on the fees… Continue reading FAURECIA : 2017 registration document
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year
Renault: the turnover penalized by the effects of exchange
The comparison is cruel. Three days later PSA, which reported a turnover up more than 40% in the first quarter, Renault announces that it has remained virtually stable over the same period. According to figures released this Friday, the French automaker – a member of the world’s first automotive alliance by sales with Nissan and… Continue reading Renault: the turnover penalized by the effects of exchange