June 29, 2017

PSA Peugeot Citroen's sales in China and Southeast Asia continued to slump in May, dropping 50 percent year on year to below 24,800.

The French automaker did not release country-by-country sales figures but China accounts for nearly all of PSA's Asian volume. 

Last m...

May 5, 2017

China's Dongfeng Motors and the French government will each invest about 800m euros (£660m) in return for 14% stakes. Another 1.4bn euros will be raised from existing investors in Peugeot. The deal is still subject to a shareholder vote but will provide much-needed...

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