Citroen’s Cute Little Ami Could Be The First Mass Market Electric Car. “pity for a grown man driving around in what looks more like a child’s toy than a proper car” “Did you drive that thing all the way from Paris mate”, shouted the motorcyclist while we were stuck in a traffic jam in Hyde […]
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 […]
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. “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. 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. “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 […]
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 […]
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 […]
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 […]
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 […]
