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PSA Peugeot Citroen
PSA Peugeot Citroen
PSA
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PSA Peugeot Citroen (officially Peugeot SA, informally PSA) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot and Citroen marques. PSA is listed on the Euronext Paris stock exchange.
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  • By Li Fusheng(chinadaily.com.cn)2017-06-23 13:58

    Zhejiang Geely Holding Group has signed a final contract with DRB-Hicom Berhad, acquiring 49.9 percent shares of the Malaysian company's Proton and 51 percent shares of its sports car brand Lotus, following a binding contract the two inked in late May.The acquisition is expected to be completed in t...

  • (China Daily)2017-06-19 07:00

    Jia Yueting to lead LeAuto and Faraday Future Jia Yueting, founder of Chinese tech conglomerate LeEco, was appointed as chairman of LeAuto recently. LeAuto's businesses include automobile manufacturing, bike sharing and the internet of vehicles. Jia would also lead the Chinese-funded electronic cars...

  • By Li Fusheng(China Daily)2017-06-05 08:19

    Baidu conducts test runs with unmanned vehicles in Wuzhen, Zhejiang province. [Photo provided to China Daily]People say many hands make light work. Companies in the automobile industry are increasingly turning to that wisdom as they try to shed light on such new tech trends as autonomous driving.Amo...

  • By Li Fusheng(China Daily)2017-05-25 07:06

    Models unveil the Lotus 410 sport automobile, produced by Group Lotus Plc, a luxury unit of Proton Holdings Bhd, during the 86th Geneva International Motor Show in Geneva, Switzerland, last year. BLOOMBERG VIA GETTY IMAGESZhejiang-based company to take 49.9% stake in Malaysian carmakerChinese automa...

  • (China Daily)2017-04-10 07:41

    VW, Mobvoi start joint venture Volkswagen Group China will invest $180 million to build a 50:50 joint venture with Chinese artificial intelligence company Mobvoi Inc, according to a deal the two signed on March 30. The new joint venture will develop products for a wide range of Volkswagen Group mode...

  • (China Daily)2017-04-07 06:58

    Service sector seen at 72% of GDP China should promote the development of the service sector, which will account for 72 percent of the GDP by 2030, according to a government think tank report issued on Wednesday. The Chinese economy has entered a new period in which development is led by the service...

  • 2017-03-13 08:59

    GENEVA-As Britain prepares to leave the European Union, some carmakers are considering softening the blow of any trade tariffs by sourcing more parts locally and producing more models they can sell domestically rather than export.Eighty percent of UK-assembled vehicles are exported and they could ...

  • By Hao Yan(China Daily)2017-03-13 08:19

    An employee works on a van as it moves along the assembly line at the Peugeot Citroen PSA Sevelnord factory in Hordain, northern France. [Photo/Agencies]After its recent purchase of the Opel and Vauxhall brands, French car manufacturer PSA Group, which is partially owned by Chinese automaker Dongfen...

  • (China Daily)2017-03-13 06:54

    GENEVA - As Britain prepares to leave the European Union, some carmakers are considering softening the blow of any trade tariffs by sourcing more parts locally and producing more models they can sell domestically rather than export. Eighty percent of UK-assembled vehicles are exported and they could...

  • By Hao Yan(chinadaily.com.cn)2017-03-06 17:06

    General Motors Co and PSA Group announced Monday that GM's Opel and Vauxhall subsidiary and GM Financial's European operations will join the PSA Group in a transaction valued at 2.2 billion euros.The 1.3-billion-euro Opel and Vauxhall subsidiary merger will allow substantial economies of scale in pu...

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