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Peugeot SA (PEUP.PA)

PEUP.PA on Paris Stock Exchange

17.26EUR
11:39am EST
Change (% chg)

€0.06 (+0.38%)
Prev Close
€17.19
Open
€17.31
Day's High
€17.48
Day's Low
€17.22
Volume
3,590,343
Avg. Vol
3,097,737
52-wk High
€21.01
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€15.37

Latest Key Developments (Source: Significant Developments)

Nidec and Groupe PSA to sign joint venture agreement for automotive electric traction motor
Monday, 4 Dec 2017 04:41am EST 

Dec 4 (Reuters) - Nidec Corp <6594.T>:Says it and Groupe PSA, through Nidec Leroy-Somer Holding, intend to set up a joint venture, dedicated to the design, development, manufacture and sale of electric traction motors, during the period of March to April 2018 .Initial share capitals of the JV is 15 million euros .Nidec Leroy-Somer Holding will hold 50 percent stake in the JV after transaction .  Full Article

Atos awarded 5-year contract to accelerate PSA Finance Bank’s digital transformation
Wednesday, 22 Nov 2017 11:09am EST 

Nov 22 (Reuters) - ATOS SE ::AWARDED 5-YEAR CONTRACT TO ACCELERATE PSA FINANCE BANK’S DIGITAL TRANSFORMATION.  Full Article

PSA's banking arm Banque PSA Finance launches E-payment business in Europe
Monday, 20 Nov 2017 02:36am EST 

Nov 20 (Reuters) - PSA ::* Banque PSA Finance launches an e-payment business in Europe.* E-payment solution to support Groupe PSA's sales operations in Europe.* Banque PSA Finance to act as payment facilitator and leverage the expertise of its partners, HiPay and BNP Paribas.  Full Article

Peugeot ‍finalizes acquisition of Opel and Vauxhall Financial Operations by Groupe PSA and BNP Paribas​
Wednesday, 1 Nov 2017 03:12am EDT 

Nov 1 (Reuters) - Peugeot ;:‍FINALIZATION OF ACQUISITION OF OPEL AND VAUXHALL FINANCIAL OPERATIONS BY GROUPE PSA AND BNP PARIBAS​.‍NEW ORGANISATION LED BY ALEXANDRE SOREL, CEO SUPPORTED BY DEPUTY CEO PASCAL BRASSEUR​.  Full Article

Renault shares fall after Nissan suspends all Japanese car production
Thursday, 19 Oct 2017 06:42am EDT 

Oct 19 (Reuters) - Renault ::* Shares fall by more than 2 pct.* Nissan <7201.T> said on Thursday it was suspending all car production in Japan after finding that some final vehicle checks were still being carried out by uncertified inspectors at three of its plants. nL8N1MU3BW.* Renault owns around 43 pct of Nissan.  Full Article

PSA says to cut about 400 jobs at Vauxhall's Ellesmere Port
Friday, 13 Oct 2017 05:15pm EDT 

Oct 13 (Reuters) - French carmaker PSA :Says intends to cut about 400 jobs at Vauxhall's Ellesmere Port production facility by end of 2017 via voluntary separation programme .PSA says Vauxhall must adjust production volumes at Ellesmere facility to current level of demand and improve its performance to protect its future.PSA says is committed to Opel Astra plant at Ellesmere Port.PSA says will be in position to consider future investments once has visibility on Britain's future trading relationship with EU and once plant competitiveness has been addressed.  Full Article

Carmaker PSA gives new vehicle production to Sochaux and Mulhouse plants
Tuesday, 10 Oct 2017 04:42am EDT 

Oct 10 (Reuters) - PSA ::* During Works Council meetings at Sochaux and Mulhouse today, the respective management teams announced that new vehicles would be produced at the plants as from 2020/2021..* The production of the new vehicles, the details of which will be revealed at a later date for strategic reasons, will secure medium-term manufacturing visibility for the plants, which are currently undertaking modernisation projects.* PSA says decision will ensure a robust level of activity at these plants for the next decade, and boost business for the network of suppliers located near the plants.  Full Article

PSA able to handle transition away from diesel engines -CEO
Tuesday, 12 Sep 2017 07:01am EDT 

Sept 12 (Reuters) - PSA ::CEO Tavares says feels saddened by current confusion surrounding diesel engines given fact that PSA respects rules in this area.CEO Tavares says PSA has necessary flexibility to handle transition from diesel towards other types of models.Tavares says authorities must also play part in move towards electric vehicles.Tavares says PSA will urge Opel to improve its sales to individual customers.Tavares says it is hard to decide upon strategy for Vauxhall given lack of clarity over Brexit.CEO says sees no need to take strategic decision on its Faurecia stake at present, all options open in the long term.Tavares was speaking at the Frankfurt car show.  Full Article

‍Groupe PSA says it has not been contacted by judicial authorities​
Friday, 8 Sep 2017 07:28am EDT 

Sept 8 (Reuters) - PEUGEOT ::‍GROUPE PSA SAYS INDICATES THAT IT HAS NOT BEEN CONTACTED BY JUDICIAL AUTHORITIES​.RESERVES RIGHT TO FILE A COMPLAINT FOR BREACH OF CONFIDENTIALITY OF INVESTIGATION AND AUTHORITIES' CONFIDENTIALITY OBLIGATION.​.  Full Article

Faurecia capable of pulling off major acquisition -CEO
Tuesday, 29 Aug 2017 08:31am EDT 

Aug 29 (Reuters) - Faurecia ::CEO says Faurecia is currently capable of making a "major" acquisition.CEO says several options regarding external growth will be examined in october, including possibility of a 4th line of business.  Full Article

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PSA's Opel to cut workers' hours in restructuring

FRANKFURT PSA Group's Opel, under pressure to cut costs, said on Friday that management and staff representatives had reached an agreement that includes shorter hours for its workers.