Stellantis to end contracts with European dealers Carmaker Stellantis said it will end all current sales and service distribution contracts with European dealers for its 14 brands, with effect from June 2023, … Business • 20 May 21
Peugeot shareholders approve merger with Fiat Shareholders in Peugeot owner PSA gave the green light to the French company's merger with Fiat Chrysler, one of the last steps towards creating the … Business • 04 Jan 21
Peugeot maker PSA sticks to margin goal Peugeot maker PSA Group held on to its margin target despite a fall in profitability in the first half of 2020, and said a recovery … Business • 28 Jul 20
EU probe into Fiat, Peugoet deal delayed EU competition regulators have suspended their investigation into Fiat Chrysler and Peugeot maker PSA's proposed merger while waiting for the carmakers to provide requested data. Business • 22 Jul 20
Peugeot maker PSA says prepared for fall in car demand PSA has enough funds to cope with a halving in car industry sales this year, the French carmaker said today as it warned of a … Business • 21 Apr 20
Europe's auto industry shuts factories, cuts output Europe's major car and parts makers rushed to close factories and cut output in Italy and considered sending workers home elsewhere, in the first signs … Business • 11 Mar 20
Fiat Chrysler, PSA agree $50 billion merger deal Fiat Chrysler and Peugeot maker PSA have today struck a binding deal to create the world's fourth biggest carmaker. Business • 18 Dec 19
Fiat Chrysler and Peugeot join forces Fiat Chrysler and Peugeot owner plan to join forces through a 50-50 share swap to create the world's fourth-largest automaker, they said today, triggering a … Business • 31 Oct 19
BMW, Peugeot go ahead with UK plant shutdowns BMW's Mini plant in Britain closed for four weeks from yesterday and Peugeot's Vauxhall car factory shuts for two weeks in moves planned months ago … Business • 02 Apr 19
PSA Group sales hit record on Opel purchase PSA Group said today that its global sales rose 6.8% to a record 3.88 million cars and vans. Business • 15 Jan 19
Peugeot surges as Opel hits road to recovery Peugeot maker PSA Group turned its recently acquired Opel-Vauxhall business sharply back into the black while achieving record first-half profitability at its French car brands. Business • 24 Jul 18
PSA sales jump 42% on Opel-Vauxhall acquisition French automaker PSA Group has today posted a 42% increase in first-quarter revenue, lifted by its acquisition of Opel-Vauxhall. Business • 24 Apr 18
France's PSA's worldwide sales rise 15.4% in 2017 French carmaker and Peugeot-brand owner PSA Groupe has reported a 15.4% rise in its worldwide sales for 2017, echoing a similarly robust performance from its … Business • 16 Jan 18
Up to 700 jobs to go in total at Peugeot's UK plant Around 700 jobs will be lost at Peugeot-maker PSA's Ellesmere Port plant in northern England, including around 400 cuts announced last year. Business • 08 Jan 18
Renault and Toyota lead 5.9% European car sales gain European car sales rose 5.9% in October, according to industry data published today, with Renault and Toyota leading the gains among the big car makers. Business • 16 Nov 17
PSA revenue up 31% on Opel acquisition and sales gain PSA Group said quarterly revenue rose by almost a third, as the Peugeot maker added Opel-Vauxhall sales numbers for the first time and increased deliveries … Business • 25 Oct 17
Peugeot lifts profitability goal on record year PSA Group has today announced its first dividend in six years and raised its medium-term profitability goal after its full-year profit almost doubled. Business • 23 Feb 17
French carmaker PSA discusses deal for GM's Opel PSA Group is holding talks with General Motors about buying its European Opel division, the French carmaker said today. Business • 14 Feb 17
Peugeot approves French state's investment The board of cash-strapped French carmaker Peugeot has approved a capital tie-up with the French state and China's number two auto manufacturer Dongfeng, a source … Business • 18 Feb 14
Peugeot told to make concessions if it wants aid France has made it clear it is not prepared to provide aid to struggling carmaker PSA Peugeot Citroen unless it makes concessions that could include … Business • 18 Jul 12
