Peugeot’s total deliveries rose 4.3 per cent to 2.94 million cars and light commercial vehicles last year, boosted by demand for the 2008 and 3008 crossovers as well as the 308 hatchback.

PSA Peugeot Citroen posted its first annual profit in three years after reducing costs by closing a plant, cutting jobs and reducing spending on new (...)

Zhou Yongkang: a former oil boss and security tsar who amassed power, he has been at the centre of investigations since July last year. Experts say the inquiry is driven by internal politics not justice. Photograph: STR/AFP/Getty Images

At a building site in Changsha, in Hunan province, not far from where Communist China’s founding father Mao Zedong comes from, a series of 33 carto(...)

Peugeot is taking on 600 new staff at its Paris plant  to keep up with demand for the new 308

French car makers, and Peugeot in particular, will be heartened by figures released this week which show that the market for new cars in Europe(...)

 The world’s fourth-biggest car grouping by sales has already been jointly purchasing some components and developing common vehicle architectures to cut costs, but it must boost economies of scale to compete with giants like Volkswagen. Photograph: Reuters/Arnd Wiegmann

Carmakers Renault and Nissan announced moves yesterday to combine key operations under a new team of managers, the boldest step yet taken in (...)

A worker assembles a vehicle on the production line at a plant operated by Dongfeng Peugeot-Citroen Automobile, the joint venture between Dongfeng Motor Corp. and PSA Peugeot Citroen, in Wuhan, China. PSA Peugeot Citroen has agreed to sell a stake in Peugeot to Dongfeng and the French government. Photograph: Tomohiro Ohsumi/Bloomberg

PSA Peugeot Citroen’s supervisory board has agreed to sell stakes to Dongfeng Motor Corp and the French state as part of a move to raise €3 billion(...)

Employees work at a production line of a Dongfeng Peugeot Citroen Automobile factory in Wuhan, Hubei province. The Peugeot family is set to vote on a deal which  would raise €3 billion, and would result in the French government, Dongfeng and the Peugeot family holding roughly equal stakes of the car manufacturer.  Photograph: Reuters

PSA Peugeot Citroen’s deal to sell stakes to France and Dongfeng Motor Corp. may end up trading a cash influx for a shareholder structure that (...)

Danone, the world’s largest yogurt maker, added 2.1 per cent to €52.11

It was a steady and dull day on the markets yesterday, with little by way of stock-specific news and little by way of economic data to affect sentimen(...)

 US stocks rose as plans for President Barack Obama and Vice President Joe Biden to meet congressional leaders raised hopes that a resolution to the fiscal impasse was closer, but the Columbus Day holiday meant volumes were lower than usual. Photographer: Scott Eells/Bloomberg

European markets held their own or ticked up slightly for the most part as they awaited further developments in the US shut-down saga, which it is now(...)