EU antitrust regulators opened an investigation on Monday into Spain’s plan to grant 20.7 million euros ($23.4 million) to PSA Group’s plant in the north west of the country, concerned that this may breach the bloc’s state aid rules.
Total and Citroën have put in many miles together since 1968. Their success story, built on innovation and passion for motorsports, has taken the two brands all the way to the top of podiums.
The French government has a message for automakers and suppliers who are grappling with the swift decline of diesel sales. Finance Minister Bruno Le Maire will meet with industry leaders in early April to discuss ways to save the 12,000 French jobs related to diesel engines and components.
Citroën’s dealers start to sell Aircross model, and by the end of the year they will have a total of 350 cars. Sales plans presented at the press conference at the Innovation Center of Hodkovice – Zlatníky the head of the brand Frantisek Neuman.
The French investigation into alleged emissions cheating by PSA Group found that suspect software had been used on almost 2 million vehicles sold by the automaker, Le Monde reported.
PSA Group said first-half sales dipped in Europe and continued to plunge in China, although the carmaker’s return to the Iranian market kept its global numbers in positive territory, with a 2.3 percent overall sales gain.
CEO Carlos Tavares is exploring an acquisition of General Motors’ European operations, a step that would vault the builder of Peugeot and Citroen cars past Renault into the No. 2 spot among the region’s automakers, behind Volkswagen Group.
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