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Long U.S Autos Vs. Short European: Part 1Qineqt • Wed, Jul 18, 2012
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Report from Europe: Dow 10,000 Take TwoThe Mole • Thu, Oct 15, 2009
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Peugeot's Downside Appears Priced InData Explorers • Fri, Jun 26, 2009
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There are no Focus articles on PEUGF.PK.
-
Long U.S Autos Vs. Short European: Part 1Qineqt • Wed, Jul 18, 2012
-
Report from Europe: Dow 10,000 Take TwoThe Mole • Thu, Oct 15, 2009
-
Peugeot's Downside Appears Priced InData Explorers • Fri, Jun 26, 2009
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- | On the move
- Tuesday, April 2, 7:36 AM Car registration in France fell 16.4% in March to extend a long losing streak in the nation for the auto industry. Sales at Peugeot (PEUGF.PK) were off 23.6% on its home turf while Renault (RNSDF.PK) saw a sales drop of 8.3% compared to a year ago. 1 Comment [Consumer, Global & FX]
- Tuesday, March 19, 8:00 AM Peugeot (PEUGF.PK) wins union backing to eliminate 6K jobs in France and close a plant near Paris. Earlier this week, police tussled with protestors outside the automaker's headquarters. 1 Comment [Consumer, Global & FX]
- Thursday, March 7, 7:12 AM General Motors (GM) won't sell Opel but will push ahead with "Drive 2022" - its ten-year plan to revive profitability to its European arm. A large factor in the initiative will be be to cut costs associated with the alliance between Opel and Peugeot (PEUGF.PK). 3 Comments [Consumer, Global & FX]
- Tuesday, February 19, 7:15 AM The latest batch of numbers on car demand in Europe is out from the European Automobile Manufacturers' Association with 2013 starting off with demand just as soft as last year. Registrations dropped 8.5% to 918,280 with Ford (F), Peugeot (PEUGF.PK), and Toyota (TM) posting sharp declines. Though sales are forecast to pick up in some areas of Europe this year, most automakers see the market shrinking between 3% to 5%. 3 Comments [Consumer, Global & FX]
- Wednesday, February 13, 7:55 AM The final numbers are in on 2012 for Peugeot (PEUGF.PK) and they aren't pretty. The French automaker ended the most unprofitable year in its history with a staggering loss of €5.01B ($6.74B). The total includes the massive €4.13B writedown the company took to account for its gloomy outlook on the European auto industry and restructuring changes. Comment! [Global & FX, Consumer]
- Thursday, February 7, 7:01 AM Production at a Peugeot (PEUGF.PK) plant in France is at a standstill as workers strike and try to intimidate those crossing the picket lines. Amid all the tension with jobs cuts looming, worker absenteeism has doubled to cause slower manufacturing. Comment! [Consumer, Global & FX]
- Tuesday, January 29, 7:07 AM Peugeot (PEUGF.PK) plans to continue to push forward to enact 8K job cuts in France despite a court ruling which may slow down the automaker's restructuring. A French union won a decision that will force Peugeot to hold more talks with labor officials before taking action. Comment! [Global & FX, Consumer]
- Thursday, January 24, 7:05 AM General Motors (GM) and Peugeot (PEUGF.PK) plan to use the French automaker's technology platform to build vehicles such as GM's Opel Corsa and the Citroen C3 under their partnership. The first vehicles under the program are due to roll off the assembly line in 2016. Comment! [Consumer, Global & FX]
- Wednesday, January 16, 5:06 AM European new-car registrations slumped 16.3% Y/Y to 799,407 vehicles in December, the sharpest decline since October 2010, as high unemployment and an unwillingness by banks to finance consumer purchases took their toll. For 2012, EU sales -8.2% to 12.05M, the steepest annual drop since 1993. GM (GM) and Ford (F) sales in Europe cratered 27% each in December, although Korean brands Hyundai and Kia, with their affordable cars and long warranties, climbed 10.5% and 6.8% respectively. 6 Comments [Global & FX, Top Stories, Consumer]
- Monday, January 14, 9:21 AM General Motors (GM) CEO Dan Akerson reiterates during his press conference at the Detroit Auto Show that the automaker's European arm is not up for sale. The topic came up as media reports in Europe continue to speculate Opel could be taken over by Peugeot (PEUGF.PK). 2 Comments [Consumer]
- Wednesday, January 9, 6:45 AM An exec with Peugeot Citroen (PEUGF.PK) confirms there are no plans to merge with General Motors' European arm despite the lingering rumors. A move to reduce its stake in French automotive supplier Faurecia isn't on tap either. Comment! [Global & FX, Consumer]
- Thursday, December 20, 2012, 5:28 AM Peugeot (PEUGF.PK) and General Motors (GM) sign "major agreements" to develop three small- and mid-sized vehicles as part of their alliance. The auto-makers will also develop a common-vehicle platform and small gas engines, and explore "product and industrial initiatives in Latin America or other growth markets." The news follows speculation that the partnership was hitting stumbling blocks. (PR) (previous) Comment! [Consumer]
- Monday, October 22, 2012, 6:10 AM GM (GM) makes an informal offer to buy the 17% of its Korean unit held by state-run Korea Development Bank, which has a veto over decision-making. A deal would boost GM's stake to 94% in the operations - which provide an important production base - and allow the car maker to restructure the unit. Separately, GM and Peugeot plan to announce a joint purchasing agreement soon, but dismiss union claims that they intend to build cars in Brazil. 1 Comment [Consumer, M&A]
- Friday, March 9, 2012, 5:18 AM GM (GM) and Fiat (FIATY.PK) reportedly held talks earlier this year about merging their European operations, and sources say Fiat and Peugeot (PEUGY.PK) also held talks in recent months. Fiat said earlier this week it's looking for active partners, and would even consider joining the recently-minted GM-Peugeot tie-up. Comment! [Consumer]
- Tuesday, March 6, 2012, 4:17 AM GM (GM) will pay €320M for its 7% stake in Peugeot (PEUGY.PK) and the two companies will develop at least four cars together by 2016, according to GM's regulatory filing. The alliance can end early under several circumstances, including if one of GM's competitors buys 10% or more of Peugeot stock. Comment! [Consumer]
- Tuesday, February 28, 2012, 3:06 AM Peugeot may announce as soon as this week plans to sell a 7% stake to GM (GM), sources say, as part of a development alliance that could include developing engines and building vehicles together in the region. Comment! [Global & FX, Consumer]
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