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Friday, May 29

Euro-Area Inflation Rate Falls to Zero for First Time

Paris-based PSA Peugeot Citroen said this month that cost cuts at Europe's No. 2 automaker are a “necessary condition” to counter the crisis. The euro extended gains against the dollar after the inflation data. The European currency traded at $1.4093 ...

Wednesday, May 13

Europe Extends Auto-Sales Decline, Led by BMW, Daimler, Toyota

Paris-based PSA Peugeot Citroen, Europe's No.2 carmaker, posted a 15 percent decline to 156726 registrations, weighed down by a 19 percent slump at its main Peugeot brand. Sales by smaller domestic rival Renault SA dropped 14 percent as its namesake ...

Thursday, May 7

Renault May Drop Laguna Model, Production Chief Says

The Renault model was overtaken by domestic rival PSA Peugeot Citroen's C5 in the French market last year. The retreat still leaves Renault with a problem, said Warburton, who has an “outperform” recommendation on the carmaker's shares. ...

Tuesday, May 5

Henkel Says Net Income Fell 47%, Expects Adhesives Improvement

 - Holger Elfes European car sales plunged 17 percent in the quarter as the recession stifled demand for PSA Peugeot Citroen, Mercedes-Benz and BMW models. Revenue gained 3 percent to 3.26 billion euros in the quarter, boosted by the acquisition of National Starch. ...

Tuesday, Apr 28

European Stocks Retreat on Bank Capital Concerns, Swine Flu

 - Sarah Jones, Sarah Jones Renault SA and PSA Peugeot Citroen, France's biggest automakers, retreated 5.2 percent to 21.74 euros and 5.2 percent to 16.54 euros respectively. Air Liquide SA fell 5.6 percent to 62.10 euros. The world's biggest maker of industrial gases cut its ...

Friday, Apr 24

Portugal Telecom Leads Issuers Tapping Increased Risk Appetite

By Caroline Hyde April 24 (Bloomberg) -- Portugal Telecom SGPS, the country's biggest phone company, and PSA Peugeot Citroen led 20 billion euros ($27 billion) of bond sales this week as investors snapped up debt of lower-rated investment-grade ...

Sunday, Mar 29

Peugeot’s New CEO May Seek Partners, Review Lineup

By Vidya Root and Laurence Frost March 30 (Bloomberg) -- Philippe Varin, named yesterday to replace ousted PSA Peugeot Citroen CEO Christian Streiff, may seek partnerships and review product strategy at Europe’s second-largest carmaker after the worst ...

Monday, Sep 15

BNP Paribas, Fortis, Renault, Zeltia: European Equity Preview

 - Sep 15, 2008 PSA Peugeot Citroen (UG FP) slipped 1.12 euros, or 3.5 percent, to 31.06 euros. UniCredit SpA (UCG IM) and Intesa Sanpaolo SpA (ISP IM): Italy's banking ...

Sunday, Sep 7

BMW, Renault Rated New `Buy' at UBS; Says Sell Daimler Shares

 - Sep 7, 2008 Daimler AG, Volkswagen AG and Porsche SE were given ``sell'' recommendations. Fiat SpA and PSA Peugeot Citroen were rated ``neutral.''

 
 

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