PSA/Peugeot-Citroen’s prospects may be brightening as Europe emerges from a six-year market slump, but new CEO Carlos Tavares still faces long odds as he prepares to present his recovery plan on Monday, analysts said.
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PSA increases transmission production on China demand
PSA/Peugeot-Citroen says it is stepping up production of transmission units at a plant in Valenciennes, northern France, to meet strong Chinese demand, the French carmaker said.
PSA and Dongfeng may cooperate in Russia, Brazil
The chairman of China’s Dongfeng Motor Group said cooperation with PSA/Peugeot Citroen is not limited to certain geographical regions, and that Brazil and Russia are possible future areas.
PSA signs Dongfeng deal
PSA/Peugeot-Citroen’s tie-up with China’s Dongfeng Motor was signed on Wednesday, bringing the French carmaker much-needed cash and greater access to Asia but leaving major challenges ahead.
PSA Peugeot Citroën partnering with IBM on “Connected Services” for automobiles
PSA Peugeot Citroën plans to use IBM Big Data and Analytics and IBM MobileFirst solutions to launch new customized services for connected vehicles. The two companies are working together to integrate the massive amounts of data from cars, phones, traffic signals, lights and other sources and analyze it in real-time for delivery.
