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Stock Market & Financial Investment News

News Breaks
February 7, 2014
07:48 EDTPEUGYPeugeot wants closer Dongfeng ties, seeks for EUR 3B capital increase, WSJ says
PSA Peugeot Citroen says its board is looking to approve terms of a deeper venture with Dongfeng Motor Co., and a EUR 3B capital increase at a meeting set for February 18, reports the Wall Street Journal. .Reference Link
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April 17, 2014
07:58 EDTPEUGYEU vehicle sales turnaround fails to stop price war, Reuters says
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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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