
PSA is shutting its plant in Aulnay, France as part of a plan to eliminate about 11,200 jobs in the country by 2015.

PSA is shutting its plant in Aulnay, France as part of a plan to eliminate about 11,200 jobs in the country by 2015.

Models from Citroen’s upscale DS subbrand, such as the DS3, which competes with the Mini, sell for up to 40 percent more than Citroen’s equivalent non-DS variants.

Renault has begun construction of a plant in Algeria that will produce the New Symbol, a low-cost model based on its Dacia platform, as the French carmaker seeks to expand its presence in North Africa.

French auto registrations rose 3 percent last month, led by Renault, Fiat and Mercedes-Benz, fueling hopes that auto demand may finally stabilize in one of the markets worst hit by Europe’s sustained slump.

European Union state aid regulators approved 20.5 million euros ($27.73 million) in French support for Renault to develop diesel hybrid technology that will cut CO2 emissions from commercial vehicles.