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(...)

A new British-based sports car firm has sprung up, claiming to offer Ferrari levels of desire and performance for a six-figure price tag. So far, so t(...)

New Citroen cars stand on display inside a PSA Peugeot Citroen dealership in Rodez, France. Photo: Bloomberg

PSA Peugeot Citroen, Europe’s second-largest automaker, is planning a two-step capital increase of €3 billion to shore up its financing as the unprofi(...)

A Peugeot company logo is seen outside an automobile dealership in Paris. Shares in French carmaker PSA Peugeot Citroen fell a further 11.6 percent today. Photograph: Charles Platiau/Reuters

Hedge funds have reaped some $190 million this week from betting against Peugeot, in contrast with GM, whose own investment in the French carmaker pro(...)

The Maserati Ghibli S Q4 at the  Guangzhou 2013 Auto Show in China. Photograph: Kin Cheung/AP

Fiat is continuing to play its product plans close to its chest. At the last report it will be April before an official announcement is made regarding(...)

Preferred shares of Volkswagen, Europe’s biggest auto-maker, fell 1.6 per cent to €190.60. Photograph: Paulo Fridman/Bloomberg

The Dublin exchange rose marginally by 0.08 per cent on a day when most exchanges slipped back as the year heads towards wind-down and investors conti(...)

Philippe Varin: will  be replaced next year by Renault’s former second in command, Carlos Tavares, in a move that may help it secure new funding from Chinese partner Dongfeng. Photograph: Reuters/Benoit Tessier

The French government told PSA Peugeot Citroen to review an “inappropriate” pension award to outgoing chief executive Philippe Varin for which it has (...)

US stocks  surged, as the gains brought the S&P 500 within striking distance of the record high set on September 18th. Photographer: Julia Schmalz /Bloomberg

The Iseq followed other exchanges in Europe and the US skywards towards the end of trading yesterday, as euphoria and relief swept through the market(...)

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