Peugeot SA (PEUP.PA)
17 Nov 2017
Thu, Nov 16 2017
BERLIN, Nov 16 PSA Group Chief Executive Carlos Tavares said a failure of turnaround efforts at Opel would spell "very serious" consequences for workers at the German division and the company as a whole.
PARIS, Nov 14 PSA Group will develop a secure connected vehicle system in a new partnership with Chinese telecoms company Huawei Technologies, the French carmaker announced on Tuesday.
PARIS/ALGIERS, Nov 12 Peugeot maker PSA Group signed a joint venture agreement with three Algerian partners on Sunday to build cars in the North African country.
PARIS, Nov 12 Peugeot maker PSA Group signed a joint venture with three Algerian partners to launch a manufacturing unit building cars for the Algerian market, it said on Sunday.
FRANKFURT/PARIS Peugeot maker PSA Group vowed to move Opel models onto its own technology faster than initially planned to improve their emissions performance and secure promised savings from its acquisition of the loss-making German carmaker. | Video
BERLIN PSA Group Chief Executive Carlos Tavares said pledges to avoid forced layoffs at Opel will depend on the success of the planned restructuring of the loss-making German division.
BERLIN, Nov 9 PSA Group Chief Executive Carlos Tavares said pledges to avoid forced layoffs at Opel will depend on the success of the planned restructuring of the loss-making German division.
* Plan seeks to cut wage costs without closures or firings (Adds analyst comment, shares, details)
FRANKFURT/PARIS, Nov 9 Opel said on Thursday that it will shift its entire model lineup onto PSA Group's architecture faster than previously planned, as the Peugeot maker pursues 1.7 billion euros ($2 billion) in savings from its acquisition of the loss-making German brand.
BERLIN PSA Group plans to cut the number of models and rein in discounts at its Opel division, Frankfurter Allgemeine Zeitung reported on Monday, without citing the source of its information.
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