Tag Archives: Peugeot citroen

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

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BMW, Peugeot Citroën to Invest €100 Million in Hybrid JV

Component parts will be used in various BMW and PSA vehicles starting in 2014. Toyota, of course, is the global leader in hybrid technology that was once dismissed by European automakers as not promising. The JV will focus on battery packs, generators, power electronics, chargers, and software for hybrid systems. Continue reading

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