Japan's Mitsubishi Motors and France's Peugeot Citroen Wednesday scrapped an ambitious capital tie-up that would have created the world's sixth-largest auto alliance, after reports of financial discord. The companies in December confirmed they had discussed strengthening ties and a possible financial alliance ...
<div><p>French car group PSA Peugeot-Citroen said on Friday it had ordered massive production cuts as sales collapse because of the financial crisis.</p><p>The group said it has ordered "massive production reductions" in the fourth quarter as part of an "exceptional action plan" to ...
<div><p>French car groups PSA Peugeot-Citroen and Renault on Friday ordered major production cuts and European truck makers reported a collapse in orders caused by the spread of the financial crisis.</p><p>Renault said it has ordered the temporary closure of plants of nearly all ...
<div><p>French cars group Peugeot Citro&#235;n today said it would<a href="http://www.guardian.co.uk/business/automotive"> impose immediate and "massive" production cuts</a> after issuing a dire sales and profits warning.</p><p>Europe's second-largest automotive group shredded its ...
<div><p>The global financial storm ravaged the motor industry on Friday, forcing car and truck firms on three continents to announce job losses, production cuts, temporary plant closures and plunging orders.</p><p>In the United States, Chrysler LLC announced the loss of 5,000 temporary and ...
<div><p>Bank of China, one of the country's leading state-run banks, said it is selling its stake in an auto-financing venture with local maker Dongfeng Motors Group and France's PSA Peugeot Citroen.</p><p>BOC Insurance, a Bank of China subsidiary, is looking to sell its ...
<div id="subtitle">Peugeot holds lead after 4 hours at 24 Hours of Le Mans but Audi maintains pressure</div><div><p>Peugeot held the top two spots Saturday after four hours of the world's most famous endurance race.</p><p>The French manufacturer hopes to snap ...
<div><p>Peugeot were in charge of the Le Mans 24 Hour Race after seven hours of action on Saturday with the French team in three of the top four places.</p><p>The Peugeot of David Brabham, Alexander Wurz and Marc Gene led the defending champions ...
<div id="subtitle">Peugeot holds lead at 24 Hours of Le Mans but Audi maintains pressure</div><div><p>Peugeot held the top two spots after eight hours of the Le Mans endurance race on Saturday.</p><p>The French manufacturer hopes to snap Audi's five-year winning ...
<div><p>Peugeot were in charge of the Le Mans 24 Hour Race after seven hours of action on Saturday with the French team in three of the top four places.</p><p>The Peugeot of David Brabham, Alexander Wurz and Marc Gene led the defending champions ...
