General Motors and PSA/Peugeot-Citroen confirmed they will jointly develop four vehicles as part of a wide-ranging cooperation pact put in place earlier this year. The US and French car groups said in a press release that they would, together build a compact class multi-purpose van for Opel and a compact-class crossover utility vehicle for the Read More..
PARIS – PSA-Peugeot/Citroen is betting on hybrids rather than full electric vehicles, a senior company executive toldÂ automotiveITÂ at the auto show here. “AT PSA we believe hybrids have more future than pure electric vehicles,” said Christian Chapelle, head of powertrain & chassis engineering at the French car group. PSA was one of the first carmakers to Read More..
Paris – The possible sharing of General Motors’ OnStar technology is part of the broader collaboration talks between the US automaker and PSA/Peugeot-Citroen, a senior PSA executive said Friday. “Of course it’s part of the discussion,” said Marc Duval Destin, PSA’s vice president, automotive research and advanced engineering. Â Duval Destin, in an interview with automotiveIT,Â declined Read More..
PSA/Peugeot-Citroen is negotiating to sell the majority of its Gefco logistics division to JSC Russian Railways in a move that will boost the embattled French automotive group’s finances and allow it to concentrate on its core carmaking business. PSA said in a press release that it aims to sell 75 pc of Gefco to JSC Read More..
TomTom has signed agreements with PSA/Peugeot-Citroen and Lexus to offer its navigation solutions in selected models of the two carmakers. The Netherlands-based navigation specialist said buyers of Peugeot and Citroen models will have the option to include a TomTom system in their cars from 2015. The PSA agreement shows the market demand for a modular Read More..
PSA/Peugeot-Citroen said it is planning to close a plant, lay off several thousand workers and reorganize its operations to restore profitability. The French carmaker, which said it will report a first-half operating loss in its automotive division of around 700 million euros, has been hit hard by the weakness of the European market. More than Read More..
General Motors and PSA/Peugeot-Citroen on Wednesday said they are forming a global alliance that will let the two carmakers share platforms, create a purchasing joint venture and potentially save billions of dollars in annual operating costs. As part of the agreement, GM will take a 7 pc stake in PSA, which will raise an additional Read More..
PSA/Peugeot-Citroen is extending Dassault Systemes’ Delmia software to its powertrain manufacturing operations. The move means that the French carmaker now uses the same Delmia tools and methodologies for assembly simulation, painting, factory layout, stamping and powertrain. Dassault, one of a handful of global suppliers of simulation and product lifecycle management software, said Delmia will allow Read More..
MUNICH –Smartphone integration may be one of the hottest issues in automotive infotainment, but the ubiquitous end-user device will not play a role in Europe’s eCall initiative. The EU Commission wants the Europe-wide emergency calling system to be mandatory in cars from 2015. But implementation across all of the bloc’s 27 member nations has been Read More..
BMW and PSA/Peugeot-Citroen Tuesday officially launched their joint venture to develop new electric powertrains and components for use in future models. The German and French car companies said in a statement that the cooperation, BMW Peugeot Electrification, aims to star building hybrid components from 2015. These will be used in models built by both carmakers. Read More..