Tag: Citroen

By on September 18, 2013

Peugeot_RCZ_a_St_Trond

PSA, parent company of Peugeot and Citroen, is said to be exploring a partnership with China’s Dongfeng, as Peugeot looks for ways to strengthen itself amid weak sales and a perpetually sputtering European car market.

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By on August 20, 2013

jumpy3

As is surely the case for many of TTAC’s readers, cars aren’t my only passion in life. Early on in my college and young adult life, I spent many nights in the addictive limelight that only belongs to the performing musician. Being a saxophonist gave me a sort of versatility that not many other musicians had-R&B band one night, Ska/Punk the next, Jazz the next, and so on.

But the one music that has stayed consistent with me throughout my life has been the Blues. The Blues is present in all forms of American music-it’s the foundation of Rock and Roll, Country, Jazz…everything. One could make the argument that the Blues is America’s Classical music-much like the classical music of Europe, it’s based on folk tunes that have been passed down from generation to generation aurally, and it’s totally unique from region to region. Mississippi, New Orleans, Kansas City, Chicago. They each have their own brand of Blues that a true connoisseur can recognize immediately.

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By on July 31, 2013

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Europe’s second biggest automaker, PSA Peugeot Citroen, has gotten approval from the European Union for the French government to guarantee $9.28 billion (7 billion Euros) in bonds to provide Banque PSA Finance, the car maker’s finance arm, with funds so they can sell cars on credit at competitive interest rates.

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By on July 25, 2013

PSA Peugeot

A $9.25 billion (€7B) loan guarantee from the French national government for the Banque PSA Finance arm of PSA/Peugeot-Citroen, Europe’s second largest car company, will likely gain approval from European Union regulators next week, according to sources cited by Reuters and Bloomberg.

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By on July 10, 2013

Citroën_Jumpy_Kombi_front_20110109

No, the headline is not just empty click-bait. According to La TribuneGM and PSA are looking at bringing some current Peugeot and Citroen products to America. The only catch is that they’d be commercial vans.

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By on June 27, 2013

peugeot1

Mired in the same overcapacity crisis as the rest of Europe’s auto makers, the founding family of PSA is reportedly willing to give up control of the company that owns Peugeot and Citroen in exchange for a fresh infusion of capital from GM, which currently owns 7 percent of PSA.

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By on April 11, 2013

The rest of the world is becoming just as crossover obsessed as North America, and in the premium segment, a crossover is an absolute must for any car maker. PSA’s most recent round of efforts have been pretty poor, using the Mitsubishi Outlander as a starting point, but for their upscale DS brand, PSA is starting from scratch.

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By on April 2, 2013

The MPV segment, so popular in Europe, was basically invented by the French. The Renault Espace, the grandfather of the modern minivan, was originally supposed to be a Peugeot, until PSA deemed it too expensive and sold it to Renault. Nearly two decades later, Renault disrupted the segment again with their compact Scenic minivan, which spawned imitators from nearly every single brand.

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By on March 14, 2013

PSA announced their renewed brand strategy for their Peugeot and Citroen lines, and the situation has finally been clarified after frequent back and forth reports that contradicted one another. It turns out that PSA will employ a three-tier approach that is equally confusing, with Citroen as the lowest tier with Peugeot on top. But then there’s also Citroen’s DS line, which is supposed to be upscale itself. Confused? So are we.

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By on March 8, 2013

Last month, we suggested that PSA’s new compressed air hybrid system was a good way for PSA to drum up some investment into its ailing new car business. Now comes word that PSA wants to talk to other car makers, including alliance partner General Motors, about pooling the R&D cost of the new tech.

(Read More…)

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