Tag: PSA

FAURECIA : Strong organic* growth at +10.7% in Q3 ; Increased outperformance vs. automotive production of 870bps in Q3 ; FY 2017 guidance confirmed

www.faurecia.com.A conference call for financial analysts and media will be held today at 6:30 pm (Paris time). It can also be followed on the Faurecia website (www.faurecia.com)Dial in numbers for the conference call:·             France +33(0)1 76 77 22 28·             UK           +44(0)20 3427 0503·             USA        +1 646 254 3367Access code:    9333749CalendarJanuary 7-12, 2018:                          First… Continue reading FAURECIA : Strong organic* growth at +10.7% in Q3 ; Increased outperformance vs. automotive production of 870bps in Q3 ; FY 2017 guidance confirmed

Australian Car Production Stops With The Last Holden VF II Commodore

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Australian Car Production Stops With The Last Holden VF II Commodore

20 Oct 2017, 15:54 UTC · by Mircea Panait
/ Home / News / Industry

The very first Holden to roll off the line is the 48-215 at Fishermans Bend on November 29, 1948. On October 20, 2017, the story concludes with the final VF II Commodore built at the Elizabeth plant, a Redline model which marks the end of the General Motors RWD Zeta platform and Australian car production.
8 photos“It’s the very last ‘true’ Holden, isn’t it?” Rightly so, and its replacement is a badge-engineered Opel Insignia marketed as the ZB Commodore. Front-wheel-drive by nature and capable of accommodating a V6 in the engine bay, there’s no denying the ZB isn’t the replacement the VF Commodore deserves.
Ford pulled out of Australia, and so did Toyota, leaving the sovereign country dependent on imports. All is not lost, however, as Holden prepares to welcome the Chevrolet Camaro as its new flagship in 2018. Converted to right-hand drive, of course, with the help of HSV. Oh, and by the way, HSV is expected to change its name into Walkinshaw. Because why not?
“The passion and dedication of the team here is second to none, it has been an honor to work alongside them. In the final years of production, we have been building categorically the best-quality cars to ever roll out of this plant, and our last car was our best,” declared Richard Phillips, Holden’s executive director of manufacturing. So, what happens to Elizabeth’s workers?
Up to this point, the transition program has resulted in approximately 85 percent of the workers finding new jobs. What’s more, 1,000 people will be retained as direct staff in Melbourne and across national zone offices. The 200-strong dealer network, meanwhile, consists of 6,000 employees.
Scheduled to go on sale in early 2018, the Holden ZB Commodore will be available with an assortment of four- and six-cylinder engines. The range-topping VXR will rely on a 3.6-liter V6 with a 9-speed automatic transmission and an all-wheel-drive system. In regard to output, 235 kW and 381 Nm of torque is not nearly enough compared to the LS3 V8 of the VF II Commodore, but then again, that’s how the cookie crumbles for Holden these days.

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HOLDEN models:HOLDEN Ute Small PickupHOLDEN Ute Small PickupHOLDEN Barina MiniHOLDEN Commodore Wagon LargeHOLDEN Commodore Wagon LargeAll HOLDEN models

Citroen C4 Hatchback Going Out Of Production, Replacement Coming In 2020/2021

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More on this:1 2018 Citroen C4 Cactus Gets Progressive Hydraulic Cushion Suspension System2 2018 Peugeot Partner Test Car Blows Smoke Like a Chainsmoker3 Peugeot/Citroen Comeback on U.S. Market Inevitable4 New Citroen C5 Confirmed For European Market, Coming In 20205 2018 Citroen C3 Aircross Makes MPVs Look Obsolete At Frankfurt
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Citroen C4 Hatchback Going Out Of Production, Replacement Coming In 2020/2021

27 Oct 2017, 14:36 UTC · by Mircea Panait
/ Home / News / Car Profile

The introduction of the C4 Cactus facelift is a two-sided matter for Citroen. The compact-ish crossover effectively replaces the C4 hatchback, which is one of the least exciting cars in the segment, as well as one of the oldest.
11 photosNot accounting for the first generation (2004 to 2010), the C4 hatchback has been with us since 2010. Also offered as a sedan and in Aircross flavor, the C4 also brought forth the DS 4, which happens to suffer from peculiar flaws.
Listed on the French and British configurators from €18,950 and £21,310, respectively, you know the C4 hatchback doesn’t have a winning chance against the likes of the cheaper and funkier C4 Cactus. So what did Citroen’s higher-ups decide given this dire situation? Phase it out, of course!
The confirmation comes from Xavier Peugeot, senior vice president of product planning at Citroen. “The current C4 is a seven-year-old design and we had to make a decision. We will stop production and the C4 Cactus will take its place,” he told the peeps at Autocar, and that settles the deal. But what will happen with the void left by the C4 hatchback? After all, the compact segment is hugely popular in Europe, and Citroen cannot afford to misstep.
As it happens, the French automaker is developing a C-segment hatchback for launch in 2020, 2021 at the latest. An all-new model from the ground up, the all-new C4 hatchback is expected to ride on the EMP2 platform, which underpins many cars in the PSA lineup, from the Peugeot 308 to the DS 7 Crossback, as well as light commercial vehicles such as the Toyota Proace.
Needless to highlight, the 2020/2021 Citroen C4 hatchback will borrow the Progressive Hydraulic Cushion suspension system from the C4 Cactus and C5 Aircross. According to Citroen head honcho Linda Jackson, “we are talking here about 21st-century comfort in suspension and seats.”

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CITROEN models:CITROEN E-Mehari Small SUVCITROEN E-Mehari Small SUVCITROEN C4 Cactus CompactCITROEN DS7 Crossback Medium SUVCITROEN C4 Picasso Medium MPVAll CITROEN models

Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat

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Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat

19 Oct 2017, 14:42 UTC · by Mircea Panait
/ Home / News / Industry

Bad news, fans of Fiat Chrysler’s most Italian of brands! Both Alfa Romeo and Maserati are not doing great regarding sales, the reason why FCA decided to cut production for both automakers. And the reason for this slump in demand? Apparently, new Chinese import rules have hit Fiat Chrysler hard, especially the two brands.
36 photosAlthough China faced criticism in the past for being too lenient on emissions and pollution, the People’s Republic is working hard on addressing these issues. Collateral damage comes in the form of increased restrictions for automakers, mostly because China follows the model set by France and the UK, countries that will ban the sale of fossil fuel cars and SUVs by 2040.
By August 2017, China had reached its 2020 target for solar energy installation, which makes the People’s Republic the largest producer of solar energy in the world. Large-scale carbon capture plants are also on the way, with the first of a planned eight currently being built. The bottom line is, China’s government is very focused on reducing the carbon footprint.
And as a result of these policies, imported automobiles are not exactly welcome in the Middle Kingdom unless they’re hybridized or electric. Alfa Romeo and Maserati don’t have such vehicles in their lineup, and that’s the gist of it. According to Automotive News, FCA declined to comment on the matter, but the cited publication has the numbers to back up its claims.
The Levante plant in Mirafiori will shut down for two weeks between October and November, with sales in China now averaging 350 examples per month compared to more than 800 units per month in the first half of the year. Over at Alfa Romeo, the Cassino plant in Italy now builds 265 vehicles per shift instead of 300. This decision follows four Fridays that were hampered down by production stops, totaling a loss of 2,000-plus Giulias and Stelvios.
From 2,666 Stelvio units delivered in China in July, Alfa Romeo slumped to 227 examples in August. As if that wasn’t bad enough, the Fiat 500X and Jeep Renegade have both seen production reductions at the Melfi plant in Italy. From the report: “Workers at the plant have been temporarily laid off for 21 days this year, including 11 days in the third quarter. As a result, production of the two models was down 25 percent in the quarter.”

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ALFA ROMEO models:ALFA ROMEO MiTo MiniALFA ROMEO Stelvio Quadrifoglio Medium SUVALFA ROMEO Stelvio Medium SUVALFA ROMEO 33 Stradale CoupeALFA ROMEO Giulia Veloce MediumAll ALFA ROMEO models

Marketing boss Müller changes to Douglas

Next change in the board of the car manufacturer: Opel Marketing Director Tina Müller leaves the company and is head of the perfume chain Douglas. Three months ago, boss Neumann resigned. Tina Müller (archive picture) Tuesday, 26.09.2017 09:42 clock After boss Karl-Thomas Neumann leaves with marketing director Tina Mueller another top executive the automaker Opel,… Continue reading Marketing boss Müller changes to Douglas

FAURECIA : nombre total de droits de vote et d’actions composant le capital au 31 août 2017

Nanterre, le 5 septembre 2017Nombre total de droits de vote et d’actions composant le capital(Article L.233-8 II du Code de commerce et article 223-16 duRèglement Général de l’Autorité des marchés financiers)__________________Attachments:http://www.globenewswire.com/NewsRoom/AttachmentNg/02e228f5-e89d-40ef-a9a3-cc8149f7391c

FAURECIA : nombre total de droits de vote et d’actions composant le capital au 31 juillet 2017

Nanterre, le 3 août 2017Nombre total de droits de vote et d’actions composant le capital(Article L.233-8 II du Code de commerce et article 223-16 duRèglement Général de l’Autorité des marchés financiers)__________________Attachments:http://www.globenewswire.com/NewsRoom/AttachmentNg/368667cc-c350-4e70-831a-48ec227e7096

FAURECIA : communiqué de mise à disposition du rapport financier semestriel 2017

CommuniquéNanterre, le 24 juillet 2017Faurecia : mise à disposition du rapport financier semestriel au 30 juin 2017Faurecia annonce ce jour avoir mis à la disposition du public et déposé auprès de l’Autorité des Marchés Financiers son rapport financier semestriel au 30 juin 2017.Il peut être consulté sur le site internet de la Société:http://www.faurecia.com/fr/finance/informations-reglementees-amfA propos de FaureciaFondé… Continue reading FAURECIA : communiqué de mise à disposition du rapport financier semestriel 2017