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Tag Archives: gm peugeot
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
Posted in auto news, financial results, results
Tagged auto informed, autoinformed.com, automotive news, gm peugeot, Ken Zino, Peugeot citroen, PSA, q1 results, results
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Anti Nuke Group Protests Iran Business Ties of Mazda
Mazda is tied to the IRGC through its long-standing partnership with the Bahman Group, a Tehran-based manufacturing conglomerate that is licensed to manufacture Mazda vehicles. Bahman is 45.5% owned by the IRGC’s Sepah Cooperative Foundation, according to UANI. In 2010, Bahman produced a total of 36,891 Mazda vehicles in Iran. Continue reading