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Stuck at home under Covid-19 restrictions?  Its time to up your Citroën game!

Stuck at home under Covid-19 restrictions? Its time to up your Citroën game!

Two Citroën board games can be yours, whether you are at home with the family under the Covid-19 restrictions or just want to have something to do with family and friends on a rainy day.We wrote about a new Citroën themed board game, The Great race, back on January 2, 2020, that is set to debut t ...
17th ICCCR Postponed until 2022

17th ICCCR Postponed until 2022

Due to the COVID-19 pandemic and after consulting the President of the City of Torun, Michał Zaleski and the President of the ACI Stefan Joest, in the interests of the safety and health of ICCCR Toruń 2020 participants and residents of Torun, the decision was made to postpone the 17th Internation ...
Standard & Poor’s Downgrades PSA and Renault Bonds

Standard & Poor’s Downgrades PSA and Renault Bonds

Credit rating agency Standard& Poor's (S&P) delivered a downgrade to Groupe PSA keeping its bonds at a BBB- rating, but cutting its outlook on PSA to "negative" from "stable."S&P took even harder aim at Renault, downgrading its bonds to 'BB+/B' from 'BBB-/A-3', meaning it had ascribed a ...
Saratoga Springs Rendezvous Cancelled due to Covid-19

Saratoga Springs Rendezvous Cancelled due to Covid-19

The Rendezvous chauffeurs, David, Daniela, & Sophia Cossitt-Levy, Tim Kinnel and Christopher Westfall, have been tracking the spread of COVID-19 and solicited feedback from many to assess its impact on R20.Given the unprecedented toll on all aspects of our lives, it is with a heavy heart that ...
Covid-19 Wreaks Havoc With 2020 Auto Events

Covid-19 Wreaks Havoc With 2020 Auto Events

Beyond the Citroën events listed on our Events Pages that have been cancelled or postponed, here is a list of other automotive events in 2020 impacted by the Covid-19 pandemic:Cancelled — Geneva Motor Show Historic Vehicle Association Drive History conference Australian Gra ...
In Memoriam — Jacques Calvet — September 19, 1931 – April 9, 2020

In Memoriam — Jacques Calvet — September 19, 1931 – April 9, 2020

Jacques Calvet, former CEO of Peugeot Citroën from 1984 to 1997, and a major figure in both the business and political communities died yesterday at 88 years of age.     A graduate of the Paris Institute of Political Studies and the National School of Administration, Jacques started ...
PSA Seeks to “Pick-up the Tempo” on FCA Merger

PSA Seeks to “Pick-up the Tempo” on FCA Merger

The teams working on the merger of Groupe PSA and Fiat Chrysler Automobiles (FCA) are “picking up the tempo” to finalize the merger, PSA CEO Carlos Tavares stated yesterday.The merger was announced at the end of October and originally scheduled to be finalized in early 2021 at the latest, in or ...
PSA Secures Additional $3.3 Billion in Loans to Cope with Covid-19 Pandemic

PSA Secures Additional $3.3 Billion in Loans to Cope with Covid-19 Pandemic

With its stock down 32%, Groupe PSA has secured a further 3 billion euros ($3.3 billion US) of loans, strengthening its financial position in the wake of the hit to the global automotive industry from the coronavirus crisis.It did not say which banks were involved.Last month, Moody's placed the cre ...
Covid-19 Pandemic Casts Doubt Over Fiat Chrysler’s pending merger with PSA Group

Covid-19 Pandemic Casts Doubt Over Fiat Chrysler’s pending merger with PSA Group

Giving an indication of just how dire Fiat Chrysler Automobile’s situation is, and that PSA is in control of merger discussions, John Elkann, Chairman of the Italian-American automaker announced in a letter to employees on March 31, that he and members of the company's board of directors were giv ...
Paris Auto Salon and Goodwood Festival of Speed Cancelled for 2020

Paris Auto Salon and Goodwood Festival of Speed Cancelled for 2020

In light of the seriousness of this unprecedented health crisis and its consequent economic shock wave, two major automotive events, the Paris Auto Salon in France and the Goodwood Festival of Speed in England, have been forced to announce that they will not be able to hold them in 2020.The Paris A ...
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