Tag Archives: Peugeot citroen

Stellantis Doubles China Sales, Bolsters and Consolidates Aftermarket as Jeep Sales Plunge

In an announcement that foreshadows details on Stellantis’ plan for the Chinese market that will be announced as part of a global strategic plan on 1 March 2022, the French conglomerate said Dongfeng Motor* sold more than100,000 vehicles in 2021. This doubled the annual sales volume of 2020. Continue reading

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Peugeot Annual Meeting Kills Dividend. Q1 Revenues Drop

The Q1 downturn comes as Peugeot is in the process of establishing a global alliance with General Motors, which is also losing money in Europe for more than a decade – $700 million in 2011 alone. Continue reading

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BMW, Peugeot Citroën to Invest €100 Million in Hybrid JV

Component parts will be used in various BMW and PSA vehicles starting in 2014. Toyota, of course, is the global leader in hybrid technology that was once dismissed by European automakers as not promising. The JV will focus on battery packs, generators, power electronics, chargers, and software for hybrid systems. Continue reading

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