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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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  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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  Stall! Peugeot Citroen launches recall

  According to the latest release by the State Administration of Market Supervision and Administration, Peugeot Citroen (Shanghai) Management Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the recall of defective Automobile products and the measures for the implementation of the regulations on the recall of defective Automobile products. Since September 16, 2022

  Company model Citroen automobile Peugeot brand Changan management limited limited compressor market vehicle sales luxury 2022-09-17
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  Does it still make sense? DS brand changed coach in China.

  Auto Industry concern learned from Stellantis Group that Stellantis Group has appointed Zhang Jun as general manager of DS brand in China, which will take effect from July 1st. Data show that Zhang Jun's career began in 2004 and has held a series of important positions at Nissan and Audi.

  Brand Group Automobile China Changan Citroen Market Company Peugeot sales luxury Zhang Jun France Changan Automobile China 2022-07-03
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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 performance is declining! Dongfeng Motor may sell its shares in PSA.

  Dongfeng Motor is exploring options for its stake in Peugeot-Citroen (PSA), including a possible divestment, Bloomberg reported, citing people familiar with the matter. Dongfeng Motor owns about 12.2% of Mark Citroen, valued at 2.2 billion euros ($2.5 billion). Dongfeng Group has held talks with consultants in recent weeks to discuss how to liquidate some or all of its French car manufacturing trademark to PSA, according to people familiar with the matter. The company is exploring possible options for its shares, including a stake sale. People familiar with the matter also said that Dongfeng Motor plans to reduce its stake in the company.

  Performance car PSA decline Dongfeng sale 2019-08-08
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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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  Made in China sold all over the world, DS 9 flagship sedan released

  DS 9 is based on the EMP2 modular platform of PSA Group and is the product of the same platform as Peugeot 508. Although the Changan Peugeot Citroen joint venture has been dissolved, according to the Ministry of Industry and Information Technology, the car is still produced by Changan Peugeot Citroen Motor Co., Ltd., which means that DS 9 will be put into production at the Shenzhen plant and is scheduled to be officially listed in the second half of 2020.

  PSA Group DS Automobile 2020-02-25
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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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  Can Baoneng take the offer? PSA confirms that Baoneng plans to acquire shares in Changan PSA

  On November 29th, Peugeot-Citroen (PSA) announced that it would sell 50 per cent of Changan Peugeot-Citroen (Changan PSA), a joint venture with Changan Motor, and would review the planned sale of Changan PSA shares on December 6th. On the day PSA announced plans to sell 50 per cent of Changan PSA, a PSA spokesman confirmed that China Baoneng was one of the potential buyers for a 50 per cent stake in Changan PSA. On October 28th, Chongqing United property Exchange disclosed that Changan Automobile transferred its 50% stake in Changan PSA. November 29th, Changan Automobile is paying 1.63 billion yuan.

  Baoneng Group Changan Automobile 2019-11-30
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  PSA and FCA officially confirm the merger, and the new company is expected to be operational in 2021

  After a month and a half, Fiat Chrysler (FCA) and Peugeot Citroen (PSA) officially announced the merger and issued a joint statement on December 18. With annual sales of 8.7 million vehicles and combined revenue of 170 billion euros, the new company will become the fourth largest automobile group in the world after Volkswagen, Toyota and Renault-Nissan alliance, according to the statement. In the new corporate governance structure, John Elcan, chairman of FCA, will serve as chairman of the new company, and Tang Weishi, CEO of PSA, will serve as CEO of the new company. It is understood that.

  PSA FCA 2019-12-18
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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 average monthly sales are only 2000.What is the future of DS in China?

  The DS brand sold 120 vehicles in China in July, down 30.6 per cent from a year earlier, with cumulative sales of 1841 vehicles from January to July, down 16.1 per cent from a year earlier. Under such circumstances, it is almost difficult for the Changan Peugeot Citroen factory in Shenzhen to operate. According to media reports, DS is currently caught in the storm of dealers withdrawing from the net. there are three dealers in Beijing, one of which has withdrawn, one maintains after-sales service, and the other is sold in conjunction with Dongfeng Peugeot, but only DS7 models are on sale in the store. It is understood that DS has 211 dealers at its peak, but now there are only more than 70, half of which are distributors.

  Sales volume 2019-09-08
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  With monthly sales of only more than 200 units, this high-end joint venture brand will be forced to delist?

  The DS brand sold 120 vehicles in China in July, down 30.6% from a year earlier, with cumulative sales of 1841 vehicles from January to July, down 16.1% from a year earlier. With such depressed sales, it is almost difficult for the Changan Peugeot Citroen factory in Shenzhen to operate normally. According to media reports, DS is currently caught in a storm of dealers withdrawing from the net. there were originally three dealers in Beijing, but now one has withdrawn from the network, the other retains after-sales service, and the third continues to sell normally in conjunction with Dongfeng Peugeot, but only DS7 is on sale in this store. At its peak, DS has a network of 211 dealers in China.

  Brand 2019-09-04
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  PSA Tang Weishi: don't rely too much on Asian supply chains, because there are risks in dealing with the crisis.

  The impact of the epidemic on the automotive industry is still a hot topic. When talking about the impact of the epidemic, Tang Weishi, CEO of PSA Group, said: "the epidemic makes the automobile industry realize that it is risky to rely too much on Asian supply chains, while Peugeot Citroen itself is very low on Chinese parts, so it is more calm in dealing with this crisis, which is, to some extent, an advantage of Peugeot Citroen." Some netizens said that "if you withdraw from the Chinese market, the degree of dependence can be reduced to 0", "the reason why French cars fail in China is that they do not rely on China", "who knows, the epidemic has begun to spread in Europe, will the advantage.

  Peugeot Citroen DS 2020-03-05
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  Dongfeng Motor responded to rumors of selling PSA shares, and may adopt OEM to optimize capacity utilization.

  Earlier, a person familiar with the matter revealed that Dongfeng was interested in selling its 12.2% stake in Peugeot Citroen and held talks to explore the form of the deal. It is said that negotiations on the sale of the stake are still at an early stage and it is uncertain whether an agreement can be reached. Dongfeng Motor will negotiate with Peugeot Citroen when it plans to reduce its stake in order to maintain the mode of cooperation between the two sides. The sale of its stake in PSA would be good for Dongfeng because its Peugeot Citroen project has been losing money and Peugeot Citroen sells much less in China than in other overseas markets, analysts said. For this message, there is.

  Car response PSA Dongfeng for sale 2019-08-09
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  Play by yourself! Jeep/ Alfa Romeo / DS brand opens direct marketing

  On February 16th, Stellantis China and China Import Automobile Trading Co., Ltd. (hereinafter referred to as "China Automotive Trade") signed a framework agreement in Beijing to further enhance the strategic partnership between the two sides. According to reports, China Automotive Trade and Clay, a subsidiary of Stellantis Group,

  Automobile Brand Group Fiat China Fiat Company Market sales Import Limited Co. Ltd. Peugeot domestic 2023-02-16
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  The new DS 9 is on the market! Sell for 349900

  October 12, the new 2024 DS9 officially launched, positioning medium-sized sedan, the new car launched a total of 1 model, the price is 349900 yuan. Compared with the old model, the appearance of the new car has not changed much, but the interior decoration and configuration of the new car have been improved. Appearance:

  Cars brands sales group Changan company new cars cars models interior body Peugeot Citroen design 2023-10-13
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  Ranking of car sales in April 2023

  April 2023 car sales ranking tabulation: automotive industry concern data source: FIFA retail ranking car subordinate brands April cumulative sales 1 Qin PLUS BYD 399511191902 Dolphin BYD 29961979123 Xuanyi Nissan 269759975

  Automobile New Energy Volkswagen Toyota Changan Red Flag Biya Changan Automobile Audi BMW Geely Dongfeng Honda Mingjue Wall 2023-05-15
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  Sudden: Dong Anyin, former vice minister of Dongfeng Peugeot Marketing Department, is subject to supervision and investigation.

  On June 4, 2021, the auto industry reported that another former vice minister of Peugeot brand marketing was investigated as part of Dongfeng's deep anti-corruption efforts. This evening, the Disciplinary Inspection Commission of the CPC Dongfeng Automobile Group Co., Ltd., the Office of the State Supervisory Commission in Dongfeng Automobile Group Co., Ltd., and the Xianning Municipal Supervisory Commission issued a message: Dongfeng Peugeot Brand Marketing Department of Dongfeng Peugeot Automobile Co., Ltd., a joint venture company of Dongfeng Automobile Group Co., Ltd., Dong Anyin, former vice minister of Dongfeng Peugeot Brand Marketing Department, was suspected of serious job violations, and was designated by the Hubei Provincial Supervisory Commission to be under the jurisdiction. At present, it is being supervised and investigated by the Supervisory Committee of Chongyang County, Xianning City, and has been taken.

  Dongfeng Peugeot 2021-06-04