Peugeot Wastes No Time Returning To Iran. FCA, Renault Also Seek Deals. “This is the beginning of a long process but Peugeot seems to be the first car maker to sign a deal with Iran” PSA Peugeot Citroen hit the ground running after sanctions were lifted from doing business with Iran and investors were quick […]
Tag Archives | Citroen
Peugeot-Citroen Recovery Said Jeopardised By “DS” Project
Peugeot-Citroen Recovery Said Jeopardised By “DS” Project. “The company is pumping billions into this project. We believe this is misguided” Report Tata May Produce Some Cars For Peugeot. Peugeot-Citroen has made impressive progress moving out of the red and into profit but Bernstein Research wants it to dump its “DS” premium project which it says […]
Peugeot-Citroen Stuns With Stellar Profit Performance
Peugeot-Citroen Stuns With Stellar Profit Performance. “the company could teach BMW how to cut fixed and variable costs” Investment banks were throwing away their unambitious forecasts for PSA Peugeot-Citroen after the company shocked markets with stonking profits. The company made a profit in the first half (French companies only report profits, or losses, for the […]
Peugeot-Citroen Ahead Of Recovery Schedule
Peugeot-Citroen Ahead Of Recovery Schedule. Profit Target Expected Two Years Early. Product Pipeline Divides Opinion Though. Peugeot-Citroen’s recovery plan is speeding along ahead of schedule, but satisfied investors are nevertheless pointing to the fact that targets have been deliberately set low to “under-promise and over-deliver”. Investors were summoned to Peugeot’s head office in Paris for […]
Peugeot-Citroen Edges Into The Black; Investors Expect More
Peugeot-Citroen Edges Into The Black; Investors Expect More. “Three-headed monster” Confounds Critics. Recovery Plan Targets Look Set To Be Met Early. Will DS Strategy Survive Residual Value Test? Peugeot-Citroen is clawing its way out of financial trouble and investors reckon its deliberately conservative recovery targets will be met with ease. Most investors, that is. The […]
Peugeot-Citroen Financial Troubles Look Set To Fester
New CEO Wins Plaudits; End Of Iran Sanctions Won’t Hurt. “There is still a long way to go and we expect Peugeot-Citroen to burn a further €1.1 billion in 2014” Financially-troubled Peugeot-Citroen is in turmoil after dumping its CEO and hiring a new one recently with Renault, and investors remain convinced profits won’t be returning […]
China, French Bailout Reported For Peugeot-Citroen
Family, GM Would See Interests Diluted. Conflicting Holdings In China Might Undermine Deal. Does This Mean Peugeot-Citroen Can’t Meet Financial Targets? Peugeot-Citroen shareholders ran for the exits after reports the financially sick company will be bailed out by a French-Chinese combination. The shares dropped about 10 per cent over a couple of days when unconfirmed […]
Peugeot-Citroen Won’t Hit Financial Targets, Fitch Says
But Some Investors See Green Shoots Helping Peugeot. “We believe that the adverse environment …. could delay Peugeot-Citroen’s targets until 2015”. Peugeot-Citroen will probably fail to meet its recovery targets, according to Fitch Ratings, while questions remain about a possible investment from China. Investment banks have mixed views on Peugeot-Citroen’s turnaround programme, but Commerzbank, admitting […]
Peugeot-Citroen Makes Progress, But Remains Challenged
Generated Cash In First Half, Thanks In Part To Slashed Spending. Peugeot-Citroen looks to be in slightly better financial shape than feared, but still faces a tough route back to break-even, according to investment bankers. In the first half of 2013, Peugeot-Citroen’s automotive losses shrank to €510 million, better by €147 million compared with the […]
Peugeot Family Said Ready To Cash In – Or Is This A Ruse?
Some Say Family Wants GM Help, Others See Attempt To Justify Cuts. “(GM) buying more deeply into the Peugeot morass would represent the triumph of hope over intelligence and experience”. Peugeot-Citroen was basking in some rare good news about the viability of its recovery from crippling losses when news broke that the family owners might […]