Flattened consumer spending, persistently high interest rates and supply chain disruptions stemming from geopolitical tensions have forced auto manufacturers (both budget and luxury) to negatively adjust their forecasts, writes Adrian Stalham of Sullivan & Stanley
PSA Group’s first full year results since its acquisition of Opel Vauxhall show a €1.7 billion (£1.46bn) increase in recurring operating profit.
PSA has united its mobility and smart services under one brand, Free2Move.
PSA Group has shuffled its senior management board following the creation of a new Mobility Services Department.
French carmaker PSA Peugeot Citroen has announced a new global plan which will see at least one car launched per brand per region per year.
PSA has today said it has completed its turnaround plan in “record time”.
The Peugeot RCZ will no longer be on offer in the UK, once the remaining dealer stock has been sold.
PSA Peugeot Citroen has confirmed it will publish real-world fuel economy figures on its cars in spring next year.
PSA Peugeot Citroen’s autonomous car prototype has completed a 360 mile journey in autonomous driving mode from Paris to Bordeaux.
