PSA's car revenue returns to growth after lockdowns Peugeot maker PSA Group has today posted a 0.8% decline in its third-quarter sales, though revenue from its core autos division returned to growth after … Business • 28 Oct 20
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
Profits surge at Peugeot maker PSA ahead of Fiat merger Peugeot maker PSA Group said its profitability reached a record high in 2019, but the French carmaker forecast falling industry sales in Europe this year … Business • 26 Feb 20
Peugeot-maker PSA lifts profit goal after record 2018 French carmaker PSA Group has raised its medium-term profit guidance after reporting record full-year sales and earnings, buoyed by the success of its Peugeot 3008 … Business • 26 Feb 19
100,000 Opel vehicles to be recalled in diesel probe Germany's Transport Ministry said it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker's … Business • 16 Oct 18
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
Nissan and Ford lead European car sales decline European car registrations fell 5.2% in March, led by Nissan, Ford and Fiat Chrysler, according to data published today by auto industry association ACEA. Business • 18 Apr 18
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
Ford, PSA led European car sales decline in September French carmaker PSA Group and US competitor Ford led a 2% decline in European car sales last month, according to industry data published today. Business • 17 Oct 17
PSA Group pays GM €2.2 billion for Opel PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at €2.2 billion, creating a new regional car giant … Business • 06 Mar 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
Merkel says to do all she can to secure Opel jobs Germany will do all it can to secure Opel plants and jobs in the country if PSA buys the General Motors business, Chancellor Angela Merkel … Business • 17 Feb 17
Opel, Peugeot lag rivals in strong European market General Motors and PSA Group posted weaker European sales in January than any other major carmaker as they discuss a possible purchase of GM's European … Business • 16 Feb 17