Tag: PSA

Fiat Chrysler, Peugeot owner PSA in talks to combine – WSJ

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook (Reuters) – Fiat Chrysler FCAU.n and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion auto giant, the Wall Street Journal reported on… Continue reading Fiat Chrysler, Peugeot owner PSA in talks to combine – WSJ

Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry

Brussels, 29 October 2019 – Sales of alternatively-powered vehicles are following a highly uneven pattern across EU member states, according to new findings from the European Automobile Manufacturers’ Association (ACEA). Indeed, the consumer uptake of battery electric, plug-in hybrid and hybrid electric passenger cars, as well as those fuelled by natural gas or hydrogen, differs… Continue reading Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry

Groupe PSA: Q3 2019 Group revenue growth

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) revenue amounted to €15,579 million in Q3 2019 compared to €15,428 million in Q3 2018. Automotive division revenue amounted to €11,824 million up by 0.1% compared to Q3 2018. A strong product mix (+4.4%) as well as positive price conditions (+1.0%) more than offset the decrease of sales… Continue reading Groupe PSA: Q3 2019 Group revenue growth

Groupe PSA Q3 2019 Results

Q3 2019 Group revenue growth Group Q3 revenue up 1% at €15.6 billion; Automotive division[1] revenue up 0.1% at €11.8 billion; New growth of market share in Europe : +0.1 pt[2] Groupe PSA revenue amounted to €15,579 million in Q3 2019 compared to €15,428 million in Q3 2018. Automotive division revenue amounted to €11,824 million… Continue reading Groupe PSA Q3 2019 Results

VW weighs expanding ride-hailing business to Ghana

JOHANNESBURG (Reuters) – Volkswagen (VOWG_p.DE) will decide early next year whether to roll out its new ride-hailing business in Ghana, where the German automaker will soon begin assembling cars, the head of the company’s African division said. FILE PHOTO: A new logo of German carmaker Volkswagen at the VW headquarters in Wolfsburg, Germany September 9,… Continue reading VW weighs expanding ride-hailing business to Ghana

Renault shares plunge as profit warning deepens its problems

PARIS (Reuters) – A hefty profit warning sent Renault (RENA.PA) shares tumbling as much as 15% on Friday, capping a miserable year for the French carmaker following the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp slowdown in the global auto industry. FILE PHOTO: The logo of French car manufacturer… Continue reading Renault shares plunge as profit warning deepens its problems