French carmaker PSA Group plans to sell its remaining 25 pc stake in Gefco, its former logistics subsidiary. The carmaker said in a statement that “Gefco’s operational performance and the diversification of its client portfolio no longer [make] it necessary for [PSA Group] to have a minority stake in the capital.” Once its exclusive owner, PSA Read More..
Thomas Kuelpp is the new Opel CIO. His appointment, effective August 1, comes as the German car brand faces the challenge of integrating its operations into PSA/Peugeot-Citroen, its new owner. Opel was acquired by PSA from its previous owner, General Motors, earlier this year. A company spokesman said Kuelpp’s core assignment in his new role Read More..
Opel CEO Karl-Thomas Neumann has stepped down in the runup to his company’s takeover by France’s PSA Group. He will be succeeded by Opel CFO Michael Lohscheller. Opel, the German brand that is owned by General Motors, is in the process of being sold to PSA. The two carmakers are expected to agree on final Read More..
DS Automobiles will use the “Virtual Garage” technology developed by Dassault Systemes to launch its new SUV, the DS 7 Crossback. Dassault Systemes, which is a leading supplier of 3D design, digital mock up and product lifecycle management software, said its technology will transform DS showrooms by providing an immersive virtual reality experience. That experience Read More..
HANOVER — PSA/Peugeot-Citroen is stepping up eff0rts to build a real fourth brand for mobility services, the French carmaker’s new mobility services chief, Brigitte Courtehoux, said Thursday. Next to Peugeot, Citroen and DS branded vehicles, the company last year launched its Free2Move mobility services brand.Â Courtehoux didn’t comment on the expected addition of a fifth brand, Read More..
HANOVER — Opel sees General Motors’ OnStar connectivity service as a key part of its strategy to offer more mobility products, even after the planned takeover of the German brand by France’s PSA Group. “If the deal happens, OnStar will continue to be available and it would even make sense in other vehicles,”Â Opel’sÂ director brand strategy Read More..
PARIS — Major carmakers are founding new mobility brands as theyÂ look for ways to complement and even replace traditional revenue from new car sales. At the Paris auto show last week, volume car makers Volkswagen Group and PSA/Peugeot-Citroen, and premium car groupÂ Daimler each announced Â new brands and business units that would handle a growing range Read More..
As software and hardware redefine the car, PSA/Peugeot-Citroen is entrusting its digital strategy to Brigitte Cantaloube. Cantaloube, who takes up a new position at the French carmaker as chief digital officer, comes from Yahoo. SheÂ will assume her new duties February 1 and report directly to CEO Carlos Tavares. The Yahoo executive’s appointment is in line Read More..
PSA/Peugeot-Citroen will use Sierra Wireless device-to-cloud technology to add more connected services to its next-generation models, the two companies said in a press release. The French carmaker, which buildsÂ and sells Peugeot, Citroen and DS brand models, has cooperated with Sierra Wireless since 2001. It has used device-management modules made by the Canadian companyÂ since 2009. These Read More..
Carlos Tavares will become CEO of PSA/Peugeot-Citroen sometime in 2014, the struggling French carmaker said late Monday. Tavares will join PSA’s management board on January 1 and will succeed Philippe Varin in the course of the year. PSA said the company had conducted an extensive search for a successor and had concluded that Tavares, Read More..