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.
Tag Archives: France
French carmakers back German bid to delay EU carbon limits
Renault and PSA/Peugeot-Citroen have reversed their stance and now support delaying a 95 grams per km limit on average CO2 emissions for new cars in the EU, government officials and diplomats said.
union official say, PSA offers French factory pledges for labor deal
PSA/Peugeot-Citroen has offered commitments to produce at least 1 million vehicles annually in France over the next three years and keep all domestic plants open, a union official said on Wednesday.
CEO Varin says PSA seeks further plant cuts in union talks
PSA/Peugeot-Citroen will seek further plant cuts from French unions to reduce overcapacity, CEO Philippe Varin said. Varin said that production line shutdowns were “exactly the discussion we are having” but said he would present cutbacks to unions before announcing details.
VW, Ford, PSA hit hardest as French car sales fall 11% in August
Volkswagen, Ford and PSA/Peugeot-Citroen were the hardest hit as French auto registrations dropped 11 percent last month, challenging hopes for a swift stabilization of the market for new cars.
Car registrations fell to 85,565 in August, a slow holiday month from which it is harder to extrapolate trends, France’s CCFA industry group said today.
