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PSA Group News
French auto major Groupe PSA aims 2% share in Indian car market by 2025
Wed, Apr 03, 2019
French automobile major Groupe PSA is aiming for two per cent market share in India in four to five years` time beginning 2020.
French automotive group PSA to launch Citroen brand in India
Tue, Feb 26, 2019
The French group had announced its India plan in 2017 with the signing of two joint venture (JV) agreements with CK Birla Group to manufacture cars and powertrains in Tamil Nadu.
Ford replaces CEO Mark Fields with James Hackett as challenges mount
Mon, May 22, 2017
Ford Motor Co on Monday announced replacing present chief executive officer (CEO) Mark Fields with James Hackett on account of growing concerns among investors over the US carmaker`s stock performance and prospects.
Renault stops production at some sites after cyber attack
Sat, May 13, 2017
French carmaker Renault has stopped production at several sites on Saturday to prevent the spread of a global cyber attack that hit its computer systems.
Peugeot to announce deal buy GM's Opel on Monday
Sat, Mar 04, 2017
By acquiring Opel, PSA Group which owns Peugeot, Citroen and DS cars will leapfrog to become the second largest carmaker in Europe after Volkswagen.
General Motors in talks to sell European auto business to Peugeot
Wed, Feb 15, 2017
In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said on Tuesday they are in talks that could result in PSA buying GM`s European auto operations.
PSA Group to make cars in India; to invest over $100 million
Wed, Jan 25, 2017
PSA Group will tie-up with CK Birla Group to set up a manufacturing plant in Chennai.
France's biggest carmaker PSA Group raided by fraud squad in emissions probe
Fri, Apr 22, 2016
Five PSA sites were raided, four in the Paris suburbs and one in Montbeliard, eastern France.