Stellantis to Maintain DS Brand in China Despite Disappointing Sales
DS Automobiles will keep selling cars in China and next year will unveil a new plan to boost disappointing sales.
DS Automobiles will keep selling cars in China and next year will unveil a new plan to boost disappointing sales.
If Citroën and Peugeot compete in essentially the same market segment, they could cannibalize Opel’s sales and the brand’s foray into the Chinese market.
We find it telling that Stellantis press releases mention most of the brands assimilated into the new company, but Citroën seems to be absent in many.
Citroën to benefit from PSA investment into two EV battery cell plants to be built in Europe.
PSA’s strategy, since acquiring Opel from General Motors, of sharing as many elements as possible with its new subsidiary is starting to pay off.
Editorial: We are dumbfounded by PSA’s recent announcements of their return to the USA. The most recent stating that they are locating their head office in Atlanta, emulating the decision of Mercedes Benz (PSA’s aspiring target?) to locate there. Mercedes however had reason because of their manufacturing plant in the …
At the North American International Auto Show in Detroit, PSA CEO Carlos Tavares announced that the company has “people working on cars now” for the U.S. market. Tavares went on to say that as part of PSA Group’s return to North America it is asking some Opel engineers based in …
PSA Group is betting that size matters in Europe’s saturated car market as closes its deal with GM to buy Opel and its UK sister brand Vauxhall. Despite years of losses for the two under GM, PSA will pay 1.8 billion euros ($1.9 billion US) as the French manufacturer bolsters …
GM and PSA Group (Peugeot and Citroën), confirmed today that discussions are underway to “exploring numerous strategic initiatives aiming at improving profitability and operational efficiency, including a potential acquisition of Opel Vauxhall by PSA.” Both companies said there is “no assurance that an agreement will be reached”. While little is …
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