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Stock Market & Financial Investment News

News Breaks
November 25, 2013
07:18 EDTPEUGYDongfeng wants new Peugeot CEO for alliance, Reuters reports
PSA Peugeot Citroen is interviewing candidates to replace CEO Philippe Varin, after Chinese partner Dongfeng said a deeper alliance under negotiation should be accompanied by management change, sources say, reports Reuters.Reference Link
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April 15, 2014
07:07 EDTPEUGYPeugeot slices product line, expenses in turnaround plan, Reuters says
Peugeot is set to almost halve its product line and focus investment on new technology in an effort to return to profit, according to Reuters, citing comments from the automotive company's new boss Carlos Tavares. Tavares promised to slice costs and excess plant capacity to stop losses by 2016. Reference Link

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