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  Volkswagen won the ranking of 12 multinational companies' sales in China in the first half of 2019, with PSA at the bottom.

  The list of sales of 12 multinational car companies in China in the first half of 2019 has been compiled, of which Volkswagen Group beat GM to become the champion with sales of nearly 1.92 million vehicles, while GM ranked second with a gap of nearly 350000 vehicles. The top three Japanese car companies (Toyota, Honda and Nissan) occupy the last three seats in the top five. Of the 12 multinational car companies on the list, more than half of them showed varying degrees of decline in sales in China in the first half of the year, with PSA falling by 60.6%, compared with a 22.4% increase in Honda's sales in China. Next, let's take a look at the details of various car companies in China in the first half of this year.

  Sales volume Volkswagen ranking 2019 dint PSA 2019-07-25
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  FAW Pentium sales soared 96% in August compared with the same period last year. Dint T99 will launch a refined camp in October.

  According to the latest news about FAW Pentium in August, according to its data, FAW Pentium sold a total of 10039 new cars, an increase of 96% over the same period last year. FAW Pentium still achieved 20% year-on-year growth in the current offline environment of the auto market. From the perspective of specific models, the largest sales of FAW Pentium in August are still X40 and T77, reaching 3727 and 3542 respectively. In addition, the T33 listed on August 3 also achieved sales of 2100 units, and the market performed well. After T 77 and T 33, FAW Pentium ushered in the third layoff in T series-T 9.

  Sales volume FAW Pentium FAW launch year on year 2019-09-01
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  In 2019, PSA's net profit increased by 13.2%, but it lost 5.4 billion yuan in the Chinese market.

  On February 26th, Peugeot-Citroen (PSA) released its 2019 results. The financial report shows that in 2019, PSA achieved an overall operating income of 74.731 billion euros (about 571.7 billion yuan), an increase of 1 percent over the same period last year; operating profit of 4.668 billion euros, an increase of 6.1 percent over the same period last year; and adjusted operating profit of 6.324 billion euros (48.3 billion yuan), an increase of 11.2 percent over the same period last year. In 2019, PSA's net profit attributable to the parent company was 3.201 billion euros (24.4 billion yuan), up 13.2% from a year earlier. PSA Group is in...

  PSA Peugeot Citroen 2020-02-27
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  PSA senior management change: Citroen and DS ushered in new CEO respectively

  It has been nearly six years since Peugeot-Citroen announced the new CEO. According to Autocar, Citroen and DS will usher in a new CEO due to the restructuring plan of the PSA group. Among them, Vincent Cobee, former vice president of Mitsubishi Motors, will take over as CEO of Citroen, replacing former CEO Linda Jackson; Beatrice Foucher, who is now deputy CEO of DS brand, will become CEO of DS, replacing former CE...

  PSA 2020-01-16
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  The merger of the two major automobile groups, PSA and FCA, has been smooth and will be officially merged early next year.

  The planned merger of PSA (Peugeot Citroen) and FCA (Fiat Chrysler) will proceed as scheduled, and the merger will be completed in the first quarter of 2021 at the latest. Affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In response to this, Tang Weishi, CEO of PSA Group, said at the annual shareholders' meeting on June 25 that the pandemic phase was not the time to re-examine the deal with FCA Automobile Group, and warned all parties not to attempt to undermine the merger plan of PSA Group and FCA Automobile Group. Tang Weishi also stressed that he is very trustworthy.

  Peugeot Citroen FCA Group 2020-06-27
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  Peugeot Citroen: we need a successful plan to stay in China

  Carlos Tavares, chief executive of PSA, said on Friday that after completing the merger of the two groups, PSA and FCA (Fiat Chrysler) would need to re-examine their strategy in the Chinese market. "if we want to stay in China, we need to find a successful solution".

  PSA Peugeot Citroen FCA Group 2020-03-08
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  PSA sales fell 29.2% in the first quarter and is expected to decline by 10% in China this year.

  On April 21st, PSA Group released its first-quarter 2020 results. According to the data, PSA Group achieved operating income of 15.179 billion euros from January to March, down 15.6 percent from 17.976 billion euros in 2019. Among them, in the automotive business sector, PSA realized operating revenue of 11.934 billion euros, down 15.7% from a year earlier. Obviously, the PSA Group has not been able to avoid the impact of COVID-19 's epidemic on the automobile business. Due to the intensification of the impact of the epidemic on global automobile production and sales, the sharp decline in sales has hindered the operation of PSA Group. According to the sales data released by PSA Group, today.

  PSA 2020-04-22
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  Changan PSA officially changed its name to Baoneng Automobile, where should the high-end DS go?

  According to the information on the website of Shenzhen Market Supervision Administration, Changan Peugeot Citroen Automobile Co., Ltd. (hereinafter referred to as "Changan PSA") has been formally changed to Baoneng Automobile Co., Ltd., the changed investor is Shenzhen Qianhai Ruizhi Investment Co., Ltd. (hereinafter referred to as "Qianhai Ruizhi"), and the legal representative is changed from Zhu Huarong to Sun Li, Vice President of Baoneng Investment Group Co., Ltd. At the same time, the main members of the new company are all updated to be members of Baoneng Department. Where should the DS brand go if both shareholders sell their shares? Tianyan check information shows that the former Hai Ruizhi was established in July 2017 and is 100% controlled by Baoneng Automobile Co., Ltd.

  Changan Automobile Baoneng Automobile Guanzhi Automobile DS PSA Group 2020-05-22
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  PSA Group's revenue in the third quarter increased by 1% compared with the same period last year, while sales fell by 4%.

  French carmaker PSA released its third-quarter marketing report, according to its data, PSA Group achieved revenue of 15.579 billion euros in the third quarter of this year, up 1 per cent from a year earlier. The automotive business units (Peugeot, Citroen, DS, Opel and Vauxhall) posted revenue of 11.824 billion euros in the third quarter of this year, up 0.1% from a year earlier, while PSA Group reported revenue of 53.918 billion euros in the first three quarters, down 0.2% from a year earlier. Revenue from the automotive business unit fell 0.7 per cent to 42.202 billion euros. According to statistics, PSA accumulated sales in the third quarter.

  PSA third quarter revenue 2019-10-24
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  Dongfeng Motor has approved the merger of PSA and FCA Group, and the profits will be invested in its own field.

  For 2019, the merger of Peugeot Citroen (hereinafter referred to as PSA) and Fiat Chrysler (hereinafter referred to as FCA) is undoubtedly a major event in the industry, after all, the merger of the two auto groups will become the third largest auto group in the world. However, due to a variety of adverse factors, the merger plans of the two groups have been shelved and have not yet been realized, including the reason why Dongfeng Motor occupies an important role. Last October, PSA and FCA announced that they would merge fully with a 50:50 stake to expand and cope with costly investment in new technologies.

  Dongfeng automobile 2020-04-27
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  How hard it is! After Changan Automobile, Peugeot Citroen will also sell 50% stake in Changan PSA

  According to media reports, a spokesman for French automaker PSA announced today that the company plans to sell 50 per cent of Changan Peugeot Citroen Motor Co., Ltd. (Changan PSA), a joint venture with Changan Motor. It is worth noting that Changan Automobile, as one of the partners of Changan PSA, disclosed the sale of 50 per cent of Changan Peugeot Citroen Motor Co., Ltd. at the Chongqing United property Exchange on October 28th. Learned from the Chongqing United property right Exchange, Changan Automobile formally submitted an application for listing transfer on November 19, with a listing price of 1.63 billion yuan.

  Changan Automobile DS 2019-11-29
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  The two major automobile groups officially merged, and Stellantis Group ranked fourth in the world.

  As early as December 2019, Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) issued a statement agreeing that they would form a new group with a share ratio of 50:50, which would become the fourth largest automotive group in the world after Volkswagen, Toyota and Renault-Nissan-Mitsubishi, with their brand names unchanged. Progress on the merger of PSA and FCA has been emerging in 2020, including Dongfeng Motor's approval of the merger, the name and LOGO of the new group, the members of the board of directors of the new group, the date of establishment of the new group, and so on. After 1.

  FCA PSA 2021-01-17
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  1.6 billion sold all shares, Changan withdrew from the "Changan Peugeot Citroen" joint venture

  The news of the dissolution of Changan Peugeot Citroen (Changan PSA) has been basically confirmed, both sides of the shares have sold all their shares, all operations and factories in Shenzhen have been taken over, and the eight-year history of the joint venture will eventually come to an end. Chongqing Changan Automobile Co., Ltd. officially announced today that as of December 30, Shenzhen Qianhai Ruizhi Investment Co., Ltd. (hereinafter referred to as "Qianhai Ruizhi") submitted the registration materials and paid 831.3 million yuan for the down payment of 831.3 million yuan. The announcement shows that on December 30, 2019, Changan Automobile and Qianhai Ruizhi signed an equity transfer agreement.

  DS Chang'an Peugeot Citroen 2019-12-31
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  Changan Automobile is listed for sale of the DS brand at a loss, and PSA insists it will not withdraw from China!

  Fiat Chrysler (FCA) and Peugeot-Citroen (Groupe PSA) have once again been revealed that they intend to merge, and as of the latest news, the two companies have agreed to merge. On the other hand, it was revealed that Changan Motor is listing to sell a 50% stake in Changan Peugeot Citroen Motor Co., Ltd. (Changan PSA). The transfer and sale information is posted on the official website of Chongqing United property Rights Trading. The pre-disclosure date is from October 28, 2019 to November 22, 2019. The biggest asset in the stake is Changan PSA's factory in Shenzhen. In 2011, China Changan Automobile set.

  Chang'an Automobile listed for sale of DS brand at a loss 2019-10-31
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  The "withered" French brand has only 0.6% of the domestic market share from January to November.

  According to data released by the China Automobile Association, from January to January this year, German, Japanese, American and Korean passenger cars accounted for 24.3%, 21.6%, 9.1% and 4.5% of China's market share, respectively, with legal system having the lowest market share, with only 0.6% of the domestic market share, down more than half compared with the same period in 2018. At present, the legal brands in the domestic market mainly include Dongfeng Peugeot brand and Dongfeng Citroen brand of DPCA, DS brand of Changan PSA and Renault brand of Dongfeng Renault, but from the performance of these brands in the domestic market, only one word can be used.

  Dongfeng Renault Changan PSA Dongfeng Peugeot Citroen 2019-12-13
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  Dragon announced a major project, PSA global model settled in DPCA global supply

  French PSA Group and Dongfeng in China joint venture "Dragon Motor" sales have been declining in recent years, a large number of factory capacity has been idle. Recently, DPCA held a supplier conference in 2019 and worked with more than 400 suppliers to plan its development in 2019. PSA confirmed that it will launch more new models in DPCA and export an important global model to overseas markets. Mr. MASSIMO ROSERBA, the new general manager of DPCA, said that PSA Group will have many projects launched in China in the future, and the development of important models will fully take into account the needs of the Chinese market. It was decided at the beginning of this year.

  Decide 2019-02-24
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  DPCA's latest appointment: Luo Sibo of PSA Group officially serves as the new general manager of DPCA.

  After Su Weibin stepped down as general manager of Dragon Automobile Co., Ltd., McCoran of PSA Group of France took over briefly for more than a month, and now the position of general manager of Dragon Automobile Co., Ltd. has been officially confirmed. On February 22nd, PSA Group announced that it was nominated by PSA Group and approved by the Board of Directors of DPCA. Massimo ROSERBA was appointed as the new general manager of DPCA and a member of the company's executive committee. This appointment took effect on February 1, 2019. In addition, the former general manager and executive committee of PSA Group stationed in Shenlong Automobile Co., Ltd.

  2019-02-22
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  FCA announced that the merger would be completed early next year, with a loss of 13 billion yuan in the first quarter.

  After Dongfeng Group formally approved the merger of Peugeot PSA Group and FCA Group, the merger of PSA Group and FCA Group was promoted. FCA issued a statement on May 6th that Fiat Chrysler (FCA) and Peugeot Citroen (PSA) will still merge in early 2021. The merger was first announced in October 2019 that the PSA and FCA groups will fully merge with a 50:50 stake to expand and cope with costly investment in new technologies and slowing market demand. The merger signed in December 2019.

  FCA PSA 2020-05-06
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  After three months of maintenance, there are still no accessories, the owner of DS protects his rights on Weibo.

  DS is a high-end brand of PSA Group (Peugeot Citroen). Due to brand promotion, product positioning and other reasons, the market promotion and new car sales of DS have been repeatedly blocked since entering China, and the brand market position has fallen into an awkward situation. At the end of 2019, Changan Automobile and PSA Group formally withdrew from the joint venture, and DS was once again in trouble in China. For tens of thousands of DS owners, how to get after-sales protection is more important to them. Some DS owners said that the car has been sent to the 4S store for maintenance for more than two months, but there are still no accessories. According to the DS owner, his car is January 6, 2020.

  DS Peugeot Citroen 2020-03-17
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  Tang Weishi, president of PSA: promoting electric cars is not a real idea, only forced by the trend.

  With the growing awareness of energy conservation, environmental protection and green travel around the world, electrification has become a new direction for more and more multinational car companies, but in the face of this trend, doubts about the development of electric vehicles still exist, including the PSA Group from Europe.

  PSA 2020-03-05