Tag: PSA

GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

DETROIT, Nov. 5, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven by its agility, and strong and growing franchises. Despite the COVID-19 pandemic, the company continued to invest in its electric vehicle and autonomous vehicle growth initiatives, launched an all-new portfolio of full-size Chevrolet, GMC and Cadillac sport utility vehicles, and… Continue reading GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288

Before the crucial phase of the merger with Fiat Chrysler can he OpelParent companyPPEhave a robust business and full order books. In the third quarter, sales in the auto division rose by 1.2 percent to almost twelve billion euros. One reason is that the French group again sold more profitable vehicles such as SUVs and… Continue reading German Manager Magazin: PSA and Fiat Chrysler with robust figures in the merger, Opel sales extremely weak000288

@Groupe PSA: PR 2020 Q3 Revenue000528

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@Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530

Peugeot S.A. (“Groupe PSA”) launches today the sale of 9,663,000 Faurecia shares, representing approximately 7% of Faurecia’s share capital, further to the press release published by Groupe PSA earlier today relating to the merger process between Fiat Chrysler Automobiles N.V. (“FCA”) and Groupe PSA.  The transaction will be conducted via an institutional private placement by way… Continue reading @Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530

@Groupe PSA: PR FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribu…000529

  AVIS IMPORTANT  En lisant cette communication, vous acceptez de fait d’être lié par les limitations et qualifications suivantes: Cette communication n’est donnée qu’à titre informatif et ne constitue ni une offre, ni une invitation à échanger ou à vendre, ni à solliciter une offre de souscription ou d’achat, ni une invitation à échanger, acheter… Continue reading @Groupe PSA: PR FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribu…000529

@Groupe PSA: PR Q3 2020 Auto revenue: back to growth000528

Automotive division[1] revenue up 1.2% at €12 billion driven by a recurring strong product mix and pricing policy; Group revenue down 0.8% at €15.5 billion; Success of recent launches with an increasing mix of electrified versions contributing to CO2 leadership; Significant sales growth in Middle East & Africa Groupe PSA revenue amounted to €15,453 million… Continue reading @Groupe PSA: PR Q3 2020 Auto revenue: back to growth000528

Citroen UK three-year plan to boost market share, reduce haggling

Citroën UK has confirmed a “far-reaching and impactful” three-year strategy aimed to “unlock the full potential” of the French brand.  The plan, which focuses on multiple areas of the business, is hoped to raise sales volumes which have taken a dramatic 48% year-on-year hit so far in 2020, with just over 22,000 vehicles registered. It compliments Citroën’s… Continue reading Citroen UK three-year plan to boost market share, reduce haggling

Citroen UK has “huge desire” to bring Ami city car to Britain

Citroën is in the latter stages of evaluating the Ami electric city car for a sales debut in Britain, according to the firm’s UK managing director. Speaking to Autocar, Eurig Druce said there is a “huge desire” to bring the quirky two-seater to market here. “This is a true Citroën,” he elaborated. “This is absolutely what… Continue reading Citroen UK has “huge desire” to bring Ami city car to Britain

@Groupe PSA: PR Hydrogen: the cornerstone of the energy transition and economic recovery plans000498

The decade of hydrogen has begun. Green Hydrogen could supply almost 20% of the world energy demand by 2050, and effectively eliminate 6 gigatons of CO2 emissions every year. The versatility of hydrogen production, storage and transportation are significant advantages. Hydrogen systems do not use critical materials – with the exception of platinum whose content… Continue reading @Groupe PSA: PR Hydrogen: the cornerstone of the energy transition and economic recovery plans000498