Peugeot SA (PEUP.PA)
19 Jan 2018
PARIS, Jan 19 Peugeot maker PSA Group said on Friday it had won unions' backing for plans to eliminate 1,300 jobs using a new form of voluntary cuts introduced by President Emmanuel Macron.
Jan 18 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:
Jan 18 Peugeot SA is "very open" to a potential alliance in Latin America, the chief executive of the French automaker, Carlos Tavares, said during a media briefing on Thursday.
* MANGUALDE PLANT: CREATES THIRD TEAM TO CATER TO STRONG DEMAND FOR ITS LIGHT COMMERCIAL VEHICLES (LCVS)
DETROIT, Jan 17 Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.
The following factors could affect Italian markets on Wednesday.
MILAN, Jan 17 European car sales fell 4.8 percent in December from the same month a year ago due in part to one less working day, with sales at all major automakers except PSA Group and BMW contracting, industry data showed on Wednesday.
* PSA, Engie, JD Sports also gain after updates (Adds details, closing prices)
* Rival Renault also posted higher sales this week (Adds detail, fund manager comment)
LONDON, Jan 16 European shares rose on Tuesday after corporate trading updates lifted sentiment, with shares in German fashion house Hugo Boss gaining on better-than-expected sales in the last quarter of 2017.