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GM, Peugeot target savings, test history with alliance

DETROIT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen will form a global alliance targetting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe, in a deal announced on Wednesday.
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See more about: PSA Peugeot

Report: Sacré bleu! PSA mulling moving Paris headquarters to cut costs

Vehicles / Automotive Industry News : Autoblog (4 days ago)

PSA Peugeot Citroën has been based in its current offices, located less than half a mile from the iconic Arc de Triomphe in Paris, for a half century now. But the latest word has it that the French automaker is planning on leaving t... Read Post

Peugeot cuts 8,000 jobs; Opel axes CEO

News / Independent News : Yes, But, However! (2 years ago)

PARIS/MUNICH (Reuters) - The woes confronting Europe's auto industry surfaced dramatically Thursday when France's PSA Peugeot Citroen announced 8,000 job cuts and a plant closure and Germany's Opel got its fourth CEO in less than th... Read Post

Peugeot urges action on labor costs amid job cuts

News / Independent News : Yes, But, However! (2 years ago)

PARIS (Reuters) - PSA Peugeot Citroen boss Philippe Varin called for the French government to take action to reduce labor costs, a day after the automaker announced 8,000 job cuts and the country's first car plant closure in two dec... Read Post

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