France launches 'battle of the electric car' Oct 2, 2009
"No player can take the risk alone, but if all the actors take it at the same time, that works," said Ecology Minister Jean-Louis Borloo, flanked by top executives from French carmakers Renault and PSA Peugeot Citroen ... One hundred million euros will also be made available for other electric carmakers such as Peugeot or Daimler's Smart division, officials said ... Peugeot-Citroen chief executive Philippe Varin told the same press conference that "we share the ambitions of the government in... (Yahoo! Asia News)
Now that's just weird Oct 1, 2009
It's been called the love child of an "an old Peugeot scooter and a Peugeot car" by worldcarfans ... It should be apparent by now that Peugeot's BB1 concept, unveiled at the Frankfurt Show, is anything but ordinary. (iAfrica.com)
Electric vehicles light up Paris Motor Show Sep 26, 2009
Peugeot likewise dipped into diesel-electric waters with its Prologue crossover, which will go into production next year. Peugeot and Citroen, siblings under PSA Group, will share a hybrid system called Hymotion4, which involves an efficient diesel engine powering the front wheels and an electric motor/lithium battery driving the rear wheels. (FOX61, CT)
Ten-hour Petit Le Mans highlights Road Atlanta Sep 23, 2009
" Perhaps the most compelling storyline for Saturday's race is the rivalry between European automobile giants Audi and Peugeot, who will be meeting on American soil for just the second time in 2009. Audi - which has won every year at the Petit Le Mans since its debut in 2004 - spoiled Peugeot's Road Atlanta debut last year, winning by less than 5 seconds. Audi again bested Peugeot in March at the 12 Hours of Sebring (Fla.), but Peugeot gained a measure of revenge in June at the 24 Hours of Le... (Athens Banner-Herald)
Quarterly Changes to the NASDAQ OMX European Government Relief Index Sep 21, 2009
Aegon NV Heidelberger Druckmaschinen AG Allied Irish Banks PLC Hypo Real Estate Holding Banco Popolare ING Groep NV-CVA Bank of Ireland KBC Groep NV BNP Paribas Lloyds TSB Group PLC Caisse Regionale Mutuel Brie Picardie Peugeot SA Commerzbank AG Renault SA Credit Agricole SA Royal Bank of Scotland Group Dexia SA SNS Reaal Groep Erste Bank der Oester Spark Societe Generale Fortis B ORD UBS N ORD. The NASDAQ OMX European Government Relief Index is an equal-weighted index designed to track the... (Primezone Releases)
Frankfurt car show seeks electric shock Sep 20, 2009
Fuel-cell and hybrid vehicles from Mercedes, Peugeot and Toyota are getting polished up for opening day as well. Sector experts will be looking meanwhile for automaker plans to boost joint efforts in a bid to bring down development costs, with former and current rivals possibly unveiling alliances. (Sydney Morning Herald -- Business)
Evans hoping to gather pace for world title fight Sep 19, 2009
In 1985, Scotland's Robert Millar on the French Peugeot team was leading the Vuelta on the second last day when local Pedro Delgado escaped in a break unnoticed by all but the Spaniards. Word was that updates of the move that would usually be reported on a CB radio linking the team cars suddenly became scratchy. (Sydney Morning Herald -- Sport)
Fiat, Peugeot top list of EU's cleanest cars Sep 15, 2009
BRUSSELS: Fiat SpA and PSA Peugeot-Citroen SA were the only two car makers to hit a voluntary European Union target to reduce fuel consumption and carbon dioxide emissions by last year, environmental activists said Tuesday ... That target was set last year after car makers failed to reach a voluntary goal to hit 140 grams per kilometer by 2008 - one that only Italy's Fiat and France's Peugeot met. (The Star Online, Malaysia -- Business)
Valeo Offers Hybrid Solutions for All Sep 15, 2009
The micro-hybrid StARS system was launched in 2004 on the PSA Peugeot Citroen vehicles C2 and C3, and has equipped the Mercedes A and B Classes and the Smart since 2008 ... i-StARS is scheduled to enter volume production for PSA Peugeot Citroen in 2010 ... MHYGALE (Mild HYbrid GenerALisablE) is a program involving Valeo, PSA Peugeot Citroen, Freescale, Alter and Ceitecs, as well as five university laboratories, in a drive to develop an affordable mild hybrid that has a significant impact on CO2... (PR Newswire)
* French solutions for tomorrows cars at IAA Sep 14, 2009
French auto makers PSA Peugeot Citroen and Renault will present their solutions for tomorrows cars X electric or hybrid X at the Frankfurt Motor Show which opens on Thursday as both are being hit hard by the economic crisis ... Rival PSA Peugeot Citroen equally aims to impress the general public with its environment-friendly cars after new company head Philippe Varin, who took over in June, made them one of his priorities ... Peugeot will present two diesel hybrid prototypes based on its... (Taipei Times, Taiwan -- World Business)
Clear road ahead? Sep 14, 2009
Others are joining forces with former rivals to share the cost of costly research and development of new technologies or to reach new markets - with Fiat taking control of Chrysler, and with the German carmakers BMW and Daimler increasingly working together, both with each other and with French firms Renault and PSA Peugeot Citroen. "In terms of the amount of money being spent on technology, it makes sense for companies to work more closely together," says Mr Tyndall. (BBC News -- Business)
VW launches China offensive Sep 12, 2009
"We expect to achieve double-digit growth in China this year and to secure our market leadership going forward,'' said Winfried Vahland, head of Volkswagen China. He added VW was ``well on the way'' to meeting its target of doubling its yearly vehicle sales in China to two million units sooner than its original 2018 target. In common with other companies in the industry, it is counting on China as the world's fastest-growing market to compensate for tough conditions in Europe and in North... (Sydney Morning Herald -- Business)
China Urges Carmakers to Keep `Cool Heads' as Sales Growth Spurs Expansion Sep 7, 2009
PSA Peugeot Citroen, Europes second-biggest carmaker, dropped a plan to build a third factory in China with Dongfeng Motor Group Co. in July. The existing plants, with a combined annual capacity of 450,000 vehicles, are quite sufficient, spokesman Pierre-Olivier Salmon said at the time. (Bloomberg -- Asia)
World's Most Prominent Rally Race, Dakar Debuts New 'Ethanol' Category in 2010 with Support from Brazil's Sugarcane Industry Sep 5, 2009
Currently, eleven automakers produced close to 70 flex-fuel models in Brazil: Citroen, Fiat, Ford, General Motors, Honda, Mitsubishi, Nissan, Peugeot, Renault, Toyota and Volkswagen. New continent, new circuit. (PR Newswire)
3Com, French carmaker are partners Sep 4, 2009
MARLBOROUGH - 3Com Corp., which makes computer network equipment, has launched a new partnership with PSA Peugeot Citroen in France, the company said yesterday. PSA Peugeot Citroen, which currently has 5 percent of the worldwide car market, will use H3C enterprise networking solutions from 3Com. (Boston Globe)
Peugeot, Mitsubishi to `Deepen' Cooperation on Electric Cars Development Sep 4, 2009
Peugeot, Mitsubishi to Deepen Cooperation on Electric Cars - Bloomberg ... Peugeot, Mitsubishi to Deepen Cooperation on Electric Cars ... Sept. 4 (Bloomberg) -- PSA Peugeot Citroen Chief Executive Officer Philippe Varin and his counterpart at Mitsubishi Motors Corp. Osamu Masuko will meet today to deepen cooperation in developing electric cars, Peugeot spokesman Laurent Cicolella said by phone today. (Bloomberg -- Europe)
U.S. Economy Facing 'Clunker' Hangover Sep 2, 2009
For August, France's biggest carmaker, PSA Peugeot Citroen, saw a 17 percent increase in group sales in August. Renault group sales rose 11 percent. (Newsmax)
Brothers bid to take over Kumpulan Jetson Aug 21, 2009
SM Nasarudins and SM Faliqs late father, Tan Sri SM Nasimuddin Kamal SM Amin founded the Naza group, which is an unlisted conglomerate that imports and distributes cars like Ferrari, Peugeot and Brabus; and is involved in property development, motorbikes, hospitality, food and beverage, finance and insurance, manufacturing, research and creative solutions, transportation and logistics, and agriculture. AmInvestment Bank, representing the offerors, said its clients intended to maintain the... (The Star Online, Malaysia -- Business)
Petronas Dagangan confident Primax 95 will sell well Aug 15, 2009
5, Naza 206 Bestari, Kia Optima, Kia Sportage, BMW 320i, BMW 525i, Peugeot 407 and Proton Exora. So far, Petronas Dagangan has five stations that are already selling Primax 95 two in Putrajaya and one each in Shah Alams Section 13, Kepongs Middle Ring Road 2 and Cheras. (The Star Online, Malaysia -- Business)
A to Z of what's hot Aug 15, 2009
Peugeot 308 SW is a comfortable family car for town conditions and relaxed freeway cruising. SPONSORED LINKS. (iAfrica.com)
This is funny stuff Aug 15, 2009
If one were to look around the planet, one will find offerings like that of Peugeot that can carry a full family at 70 mph and still get 50 mpg ... Detroit may not be the smartest on the planet, but together its auto companies must be as smart as Peugeot ... It s reported that Ford is selling a car overseas that could rival the Peugeot. (Longview Daily News, WA)
No more punctures? Aug 14, 2009
Last Updated: 04:17pm 13 Aug 2009. R3,000 free @ Prestige Casino. (iAfrica.com)
Naza expects to triple Peugeot sales Aug 13, 2009
BUKIT MERTAJAM: Naza Group expects to increase its Peugeot car sales by 300% this year ... Naza targets to sell 2,800 units of various Peugeots and has to-date sold 2,200 units, mainly from the new ranges that include the 206, 308, 407 and 207 models, said group executive chairman and chief executive officer S.M. Nasarudin S.M. Nasimuddin ... Also present was Automobiles Peugeot Asean Regional Office general-director Dominique Dourouze. (The Star Online, Malaysia -- Business)
In Europe, 'cash for clunkers' drives sales Aug 8, 2009
Peugeot Citroen SA sales increased 4 ... Among the chief beneficiaries have been makers of small cars such as Peugeot and Fiat. (WSVN-TV Miami, FL)
Autolib: Paris' Electric Car Sharing Plan Aug 8, 2009
Several automakers, including Germany's Daimler () and France's Renault () and PSA Peugeot Citro n (), have expressed interest. "Nothing is for sure, but the Paris project is definitely interesting for Daimler," says Herbert Kohler, the company's chief environmental officer. (BusinessWeek)
Superlight Mazda MX5 Aug 7, 2009
Peugeot, Opel, Mini and Honda have some sweet hatches, but will they pass our go-kart test. What are smaller, greener and fairly less pricey than those SUVs in the Q7, X5 and XC90 clan. (iAfrica.com)
Peugeot Ratings Cut to Junk by S&P Amid Weakness in European Auto Demand Aug 7, 2009
Peugeots Debt Rating Is Lowered to Junk by Standard & Poors - Bloomberg ... Peugeots Debt Rating Is Lowered to Junk by Standard & Poors ... Peugeots profitability and financial profile will deteriorate significantly owing to the prolonged weakness in European auto demand, which we now anticipate will persist in 2010 in contrast to our previous assumption of a market recovery, S&P said in the statement. (Bloomberg -- Europe)
BUSINESS BRIEFS Aug 1, 2009
The workers at New Fabris, a bank rupt sub-contractor to carmakers Renault and Peugeot, had been de manding 30,000 euros ( 42,340) each in com pensation. They wanted the two big auto groups to pick up the bill. (New York Post -- Business)
Honda Makes Money, Others Hope for Better Times Jul 30, 2009
Honda posts profit, while Nissan, Daimler and Peugeot Citroen plagued by auto industry's woes ... But Japanese competitor Nissan Motor Co., as well as Germany's Daimler AG and France's PSA Peugeot Citroen, all posted losses as poor sales worldwide continued to plague the troubled industry. (ABC News -- Wire)
Peugeot Citroen Posts $1.36 Billion First-Half Loss on Global Sales Slump Jul 29, 2009
Peugeot Reports First-Half Loss, Slashes Inventory (Update1) - Bloomberg ... Peugeot Reports First-Half Loss, Slashes Inventory (Update1) ... 21 euros, a year earlier, Paris-based Peugeot said today in a statement. (Bloomberg -- Europe)
Mazda3 grilled Jul 27, 2009
Contact: Peugeot Durban 031 335 1200 ... Article By: Cars in Action Mon, 27 Jul 2009 09:48 There's an all-new Mazda3 in town and it's pretty much stuck to the original formula, with the exception of that huge Peugeot-like front grille. (iAfrica.com)
Volkswagen Sales Rise, Boosted by Government Incentives in Germany, China Jul 25, 2009
Renault SA reported a 17 percent decline in first-half sales, while deliveries at PSA Peugeot Citroen slumped 14 percent. Everything is running to plan, , Volkswagens sales chief, said in the statement. (Bloomberg -- Germany)
Signs the economy has turned the Benz Jul 23, 2009
In Europe, Peugeot Citroen boss Christian Streiff has quit and the company has slashed profit forecasts; Volvo has reported the worst quarter in its history sales have collapsed by a third; Renault has cut its profit outlook; and Daimler is expected to post a second loss in a row when it reports its quarterly numbers. Fiat, which has taken control of 20 per cent of Chrysler, reports its second-quarter earnings overnight. (Sydney Morning Herald -- Business)
Faurecia's Loss Surges 16-Fold as Peugeot, Automakers Cut Car Production Jul 21, 2009
Component makers suffered from a plunge in auto production as manufacturers such as Peugeot and shuttered factories to cut vehicle inventories ... 17 billion euros of bank debt and raised 455 million euros in a capital increase guaranteed by Peugeot. (Bloomberg -- Europe)
> Pimping Nyanda's ride Jul 19, 2009
Contact: Mccarthy Peugeot Pinetown 031 716 5000. Not your dream car. (iAfrica.com)
Hot hatch pull factor Jul 19, 2009
6 seconds and R219900 worth of tax write-off on dad's software company is The Peugeot 207 GTi ... Our final contender here, with vital statistics of 155kW and 260Nm crammed into the same motor as the Peugeot but in a slightly higher state of tune, it will launch from 0-100km/h in 7 ... At the bottom of the pack, and undoubtedly the ugly duckling of the bunch is the Peugeot, the algae-feeder mouth on its face makes people point, grab their stomachs and plan an exit strategy. (iAfrica.com)
* World Business Quick Take Jul 18, 2009
Last week, rival French group PSA Peugeot Citroen reported a fall of 14 percent in global sales in the first half. STEEL. (Taipei Times, Taiwan -- World Business)
Hyundai to invest 130 million euros in Czech plant Jul 18, 2009
Along with Germany's Volkswagen and Japanese-French joint venture TPCA of Toyota, Peugeot and Citroen, Hyundai is one of three big car makers based in the Czech Republic, a former communist country traditionally leaning on car and machinery production. Vanek said earlier the Czech plant had produced 50,000 Hyundai i30 cars in the first half of the year -- mainly for the German, Russian and British markets -- against its full-year plan to turn out 185,000 units. (Yahoo! Asia News)
Mitsubishi, an Unlikely Electric-Vehicle Pioneer Jul 18, 2009
In Europe, Mitsubishi will also build EVs for PSA Peugeot Citro n (), which already sells two SUVs based on Mitsubishi's Outlander and shares a factory with the Japanese carmaker in Russia. Green Is a Necessity. (BusinessWeek)
French auto workers threaten to blow up factory Jul 16, 2009
Some 200 workers at the New Fabris factory outside the southwest city of Chatellerault, are each demanding 30,000 euros ($42,267) from Renault and PSA Peugeot-Citroen, accusing the carmakers of killing their livelihoods ... They blamed Peugeot-Citroen and Renault for canceling contracts that represented the bulk of the company's sales, and began their protest June 20 ... The shuttered factory still holds parts and costly machinery, and the workers are trying to keep Renault and Peugeot-Citroen... (MSNBC -- Business)
European car sales rise for 1st time in a year Jul 15, 2009
PSA Peugeot Citroen sales increased 4. 4 percent, Ford Motor Co. rose 2. (Atlanta Journal-Constitution -- Business)
French Workers Facing Layoffs Threaten Explosive Action Jul 14, 2009
That's why workers are demanding that the plant's two biggest clients the makers of Renault and Peugeot cars provide the $41,000 for each job being eliminated ... On July 20 a delegation of New Fabris staffers will go to Paris and meet with French Industry Minister Christian Estrosi, who Eyermann says will be asked "to put pressure on Peugeot maker PSA and Renault." With both companies having received most of the $8 billion in state aid the government distributed to French automotive groups to... (Time.com)
French workers blow-up threat Jul 13, 2009
Workers at a bankrupt French car-parts supplier are threatening to blow up their factory unless car makers Renault and PSA-Peugeot pay them compensation, a union official says ... Eyermann said two coachloads of workers had visited Peugeot headquarters last week, and a similar delegation would visit Renault bosses and the French employment ministry on Thursday to try to negotiate a settlement. (Sydney Morning Herald -- Business)
Alpha's mighty MiTo Jul 11, 2009
Peugeot 308 SW is a comfortable family car for town conditions and relaxed freeway cruising. What's small, sporty and roaring in Italian style. (iAfrica.com)
Peugeot $69 Billion Fine for Cross-Border Car Sales Is Cut 10% by EU Court Jul 9, 2009
Peugeot Gets 5 Million-Euro Reduction in EU Fine on Auto Sales - Bloomberg ... Peugeot Gets 5 Million-Euro Reduction in EU Fine on Auto Sales ... The European Commission fined Paris-based Peugeot in October 2005 for denying Dutch dealers bonuses on sales to foreigners during a six-year period ending in 2003. (Bloomberg -- Europe)
Peugeot First-Half Sales Decline 14% on Slump in Europe, Latin America Jul 7, 2009
Peugeot First-Half Sales Decline 14% on Europe, Latin America - Bloomberg ... Peugeot First-Half Sales Decline 14% on Europe, Latin America ... The Peugeot and Citroen brands recorded combined sales of 1. (Bloomberg -- Europe)
* European stocks decline for third week Jul 5, 2009
3 percent as PSA Peugeot Citroen and Renault SA declined. European Central Bank (ECB) President Jean-Claude Trichet signaled the ECB has no immediate plans to cut interest rates again and said the euro regions economy will start to recover in the middle of next year. (Taipei Times, Taiwan -- Business)
Fiat Open to Retail and/or Institutional Bond: Report Jun 28, 2009
Marchionne also said it was premature to discuss any plans regarding production at its joint venture plant near Valenciennes in France with PSA Peugeot Citroen. Fiat has taken a 20 percent stake in U.S. car maker Chrysler and Marchionne is working to put together a plan for the U.S. car maker's product offer. (ABC News -- Wire)
$50,000 Car Brouhaha The Case of Nigeria, Kenya and Zambia Jun 28, 2009
In a country where a gazetted policy forbids the government from buying cars for public officers, the House of Representatives is alleged to have paid almost N500 million above the showroom price of the 380 units of Peugeot 407 cars acquired at a whooping N2. 3 billion. (Ghana Web, Ghana)
Daimler Fights for Its Future Jun 26, 2009
Daimler is seeking a partner, and for years it has been talking to BMW (), Toyota (), Peugeot () and now Porsche (). The sports car marker, which bit off more than it could chew in its takeover of Volkswagen (), is seeking an investor. (BusinessWeek)
Peugeot Says It May Report Operating Loss of Up to $2.8 Billion This Year Jun 23, 2009
Peugeot Says It May Have 2 Billion-Euro Annual Loss (Update3) - Bloomberg ... Peugeot Says It May Have 2 Billion-Euro Annual Loss (Update3) ... June 23 (Bloomberg) -- PSA Peugeot Citroen, Europes , said it may have an operating loss of as much as 2 billion euros ($2. (Bloomberg -- Europe)
'The Stig' revealed Jun 23, 2009
Contact: McCarthy Peugeot Tygervalley 021 910 7272. Not your dream car. (iAfrica.com)
Peugeot Citroen sees up to 2B '09 operating loss Jun 23, 2009
Peugeot Citroen sees up to 2B '09 operating loss - WCAX.COM Local Vermont News, Weather and Sports. WCAX.COM Local Vermont News, Weather and Sports-Peugeot Citroen sees up to 2B '09 operating loss ... Peugeot Citroen sees up to 2B '09 operating loss. (WCAX.com, VT)
Outgoing CEO: Honda to count on engine power Jun 23, 2009
In many European markets, the regulatory focus on carbon dioxide rather than nitrogen oxide emissions has made diesel-engine cars popular while sidelining gas-electric hybrids, placing diesel powerhouses such as Volkswagen, Peugeot and Renault in pole position. Honda had planned to launch clean-diesel cars this year but delayed the plans partly due to the difficulty of lowering costs. (The Star Online, Malaysia -- Business)
Nigeria: Akogun on Edge Over Retreat Funds Jun 22, 2009
Shady deals were reported in the purchase of 380 Peugeot 407 cars ... 359 billion for the brand known as 407 ST Sports (Auto) because of its special features, Peugeot Automobile Nigeria, the supplier, gave the legislators the Comfort version which cost N1. (allAfrica.com)
Auditor-General's Report on Ghana@50 Secretariat Jun 20, 2009
The Report said the rest of the cars were; 25 Mercedes MCV 260; 40 Peugeot 607 Model; 50 BMW and 50 Mercedes Benz S350. The Auditor-General said in the report that the former Chief of Staff, (Mr Kwadjo Mpiani) wrote to him that 24 of the 35 VW Passat vehicles were sold to the public and that monies realised from the sale of the vehicles were lodged at the Bank of Ghana. (Ghana Web, Ghana)
Renault boss defends state help Jun 17, 2009
Peugeot, Fiat and BMW are led by rich families. "This is not about protecting shareholders, but about protecting employment," he said. (BBC News -- Business)
Spain's Gene, Peugeot win 24 Hours of Le Mans Jun 16, 2009
Marc Gene, Peugeot win 24 Hours of Le Mans - SI.com - Racing ... Spain's Gene and Peugeot end Audi's run at 24 Hours of Le Mans ... Marc Gene's Peugeot No. 9 was one of the few cars to have a trouble-free run. (SportsIllustrated.CNN -- Racing)
Varin quits board of Tata Steel May 30, 2009
Varin, who has resigned from the post of the non-executive independent director on the board of Tata Steel, is scheduled to join the French car maker Peugeot Citroen as its chairman with effect from June 1. "Consequent to the appointment of Varin as the chairman of the board of French car maker Peugeot Citroen with effect from June 1, 2009, he has stepped down from the board of the company," Tata Steel said in a statement to the Bombay Stock Exchange. (India Times, India -- Intl Business)
The Kyeimania In Ghanaian Politics May 26, 2009
I was shocked this man pretended he didnt know what amounted to theft and almost stole the 507 Peugeot car. Indeed, Hon. Kyeimania and his cronies must be charged for wilfully causing a financial loss to the state since the value that the state would have derived if they had returned the car (s) earlier had been lost. (Ghana Web, Ghana)
European exchanges slide May 25, 2009
AFP/File A French trader monitors shares prices in Paris. Share prices fell in Frankfurt and Paris, dragged down. (Yahoo News -- Press Releases)
European stocks edge higher May 23, 2009
The auto sector led the way in Paris, with Peugeot surging 6. 1 per cent and rival Renault 3. (Sydney Morning Herald -- Business)
GM's Opel Might Make Cars for Other Brands: Report May 18, 2009
If Opel has to reduce output of its cars, it could offer capacity to other carmakers such as Peugeot or Ford , for example in its factory in Ruesselsheim, the sources close to Magna said, according to the weekly newspaper. Magna therefore does not plan to close any Opel factories in Germany, while it might shut plants in Belgium's Antwerp and in Luton in the UK, the paper said. (ABC News -- Wire)
Even the Saints had the Cars May 16, 2009
Mr Kyei-Mensah-Bonsu actually returned a Peugeot 607 car he had in his possession after a Deputy Minister of Information, Samuel Okudzeto-Ablakwa issued an ultimatum to former state officials and their hungers-on in possession of state cars to return them. For the purposes of this article and for a proper contextualisation of the subject matter, I would want to centre the phrase theft on the definition offered in the English Law, thus A person is guilty of theft, if he dishonestly... (Ghana Web, Ghana)
European Car Sales Drop 12% in April, as Demand for Luxury Vehicles Falls May 14, 2009
Paris-based , Europes No.2 carmaker, posted a 15 percent decline to 156,726 registrations, weighed down by a 19 percent slump at its main Peugeot brand. Sales by smaller domestic rival dropped 14 percent as its namesake brand plunged 24 percent. (Bloomberg -- Germany)
