Articles Tagged with "PSA"

Dongfeng Invests into 800 Million Euros into PSA, Will Found New Joint Venture in China

Chinese automobile brands have accelerated overseas market development. Dongfeng Group has invested 800 million euros into PSA. Both of them shall sign global strategy alliance contract at Beijing.

Apr. 15 , 2014
PSA MergingBinding with Too Much Limitation, ZHU Fushou Still Wants to Wait

22 Jan, messages about Dongfeng merging PSA all around France, but Dongfeng general manager ZHU Fushou still does not talk too much about the merging at Dongfeng Group Annual Summary Conference at Beijing. Facing media frequently questions about Dongfeng next step, ZHU Shoufu just with “if we merge PSA, technology resource sharing is the most importantvalue for both of us” answers all questions.

Jan. 23 , 2014
Dongfeng Decides Holding PSA, Share PercentageUndetermined

Last week, as reporter kwon from resource, Dongfeng has decided to take up PSA after serveraround stiff negotiation and price cut. However, details are still undetermined.

Jan. 22 , 2014
2 steps to save PSA in China: Following DongFeng & Utilize ChangAn

In 27th, Sep, the first Chinese automobile of ChangAN-PSA, DS5 appeared in the market and Sophie Marceau was invited to represent for this luxury brand at great expense. But PSA Europe is still in difficulties so its president focus his eye on China, hoping DS brand could rebirth and get emergency capital from Dongfeng Group. Thierry Peugeot also know there are uncertainties such as how to break out of luxury brands system and relationship with Dongfeng & ChangAn.

Oct. 11 , 2013
Dongfeng Prepares Buying 30% Shares of PSA by 10 Billion Yuan

Under pressure of huge loss, PSA is researching for a big buyer. Dongfeng Auto, which is the second largest auto group, is one of potential buyers.

Oct. 9 , 2013
CAPSA DS to make profits in three years

On September 27, ChangAn PSA Automobile Co. Ltd (CAPSA) 's affiliated brand DS officially launched the first model DS5 to the market.

Oct. 8 , 2013