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Peugeot to Sell Property, Gefco Stake as 2011 Profit Falls
BusinessWeek 56 minutes ago

15 (Bloomberg) -- PSA Peugeot Citroen, Europe’s second-biggest carmaker, plans about 1.5 billion euros ($1.98 billion) in asset sales, including a stake in its Gefco trucking unit, after a shrinking auto market caused profit to drop. Earnings before...
Peugeot Citroen sees 10 pct drop in French car market after 2011 earnings plummet
Canadian Business Online 1 hour ago

The downbeat forecast came as the maker of the popular Peugeot 207 hatchback and Citroen C4 Picasso minivan reported that its automotive division made a €439 million ($578 million) loss at the operating level last year, as restructuring costs more than...
Getty Images 1 day ago

French driver Sebastien Loeb (R) and co-driver Daniel Elena (L) pose on the podium as they celebrate their victory on the podium of the 47th Rally of Catalunya in Salou, near Tarragona on October 23, 2011. Loeb moved closer to an eighth consecutive... View Photo »
There might be a shakeout on a plant by plant basis. But I don't think anyone else wants to buy into this. I still feel that if there was a threat of bankruptcy say at Peugeot-Citroen, the government would step in
SOURCE: Detroit News Online 2 months ago
Peugeot Citroen forecasts tough times in Europe
Canadian Business Online 1 hour ago

(AP) — Peugeot Citroen is forecasting a 10 percent drop in car sales in its core French market this year amid tough economic conditions. The downbeat forecast came as the maker of the popular Peugeot 207 hatchback and Citroen C4 Picasso minivan reported...
French auto giant Peugeot Citroen profits slump
Economic Times 1 hour ago

French auto giant PSA Peugeot Citroen, struggling to cut costs, said Wednesday its 2011 net profit slumped by half and that it would take additional measures to reverse the slide. It said net profit tumbled 48 percent to 588 million euros ($776 million)...
Peugeot Citroen forecasts tough times in Europe
CBS News 2 hours ago

2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. (AP) PARIS Peugeot Citroen is forecasting a 10 percent drop in car sales in its core French market this year amid tough economic...
Getty Images 2 days ago

Qatari Nasser Al Attiyah and co-driver Italian Giovanni Bernacchini jump with their Citroen DS3 WRC during the 21st stage of the WRC Rally of Sweden on Febuary 12, 2012 in Hagfors north of Karlstad. View Photo »
It is truly a worthy road representative of the car that has delivered both the drivers' and manufacturers' World Rally Championship titles to Citroen this year.
SOURCE: New Zealand Herald 2 months ago
Citroen C4 Transformer
YouTube Videos 70 months ago
Peugeot Plans Asset Disposals After Operating Profit Falls
BusinessWeek 2 hours ago

15 (Bloomberg) -- PSA Peugeot Citroen, Europe’s second-biggest carmaker, plans about 1.5 billion euros ($1.98 billion) in asset sales, including a stake in its Gefco trucking unit, after a shrinking auto market caused profit to drop. Earnings before...
Faurecia doubts Renault, PSA can go upmarket-paper
Reuters 2 hours ago

Feb 15 (Reuters) - France's two carmakers Renault and Peugeot Citroen will find it very difficult to move upmarket where there is greater pricing power and higher margins, said the chief executive of French supplier Faurecia. When asked by German daily...

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About Citroen

Wikipedia

Citroën (French pronunciation: [sitʁoˈɛn]) is a French automobile manufacturer. Founded in 1919 by André Citroën, it was the world's first mass-production car company outside of the USA. Since 1976 it has been part of PSA Peugeot Citroën, and its headquarters is on rue Fructidor, Paris. Full Article

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