The Daily Telegraph
| 8 months ago
PSA Peugeot Citroen have demonstrated in central Paris to denounce the French auto giant's plans to shed 8000 jobs across France. Organisers said about 800 workers marched from the city's central Saint Lazare railway station on Thursday, voicing...
International Herald Tribune
| 8 months ago
PSA Peugeot Citroen said that it was negotiating to sell its Gefco logistics business to J.S.C. Russian Railways as the French automaker struggles to stay afloat in a faltering European car market. A sale of long-term debt met with high demand even...
The Economic Times
| 8 months ago
French car maker PSA Peugeot Citroen is in exclusive talks with Russia's state railway monopoly to sell a 75 per cent stake in its Gefco logistics division for 800 million euros ($1 billion) in a move to cut debt and contain mounting losses. Gefco...