Tag: PSA

DS to launch only electrified cars from 2025

DS has announced that it will launch only electrified cars from 2025, the same year it intends for a third of its sales to be hybrid or fully electric vehicles. “Our ambition is very clear: for DS to be among the global leaders in electrified cars in its segment,” said DS CEO Yves Bonnefont. The… Continue reading DS to launch only electrified cars from 2025

Avis Budget Group strikes connected car deal with Groupe PSA

Avis Budget Group has announced the addition of 6,000 Peugeot, Citroën and DS vehicles to its connected car rental fleet in Europe, with an additional 5,000 cars expected later this year. These vehicles will operate across the Company’s Avis and Budget brands in Austria, Belgium, the Czech Republic, France, Germany, Italy, Luxembourg, the Netherlands, Portugal,… Continue reading Avis Budget Group strikes connected car deal with Groupe PSA

Access to sites

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

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