Industry-watchers continue to expect a full-year decline of about 5%, to 11.5 million units, indicating the steepest slides will end sometime later in the year.
The uncertainty of future demand is a basic problem, Christian Mertens says, noting predictions by various consulting groups range from 25% hybrids and EVs on the road in 2020 to less than 5%.
The “Wild Ruby” DS concept will be the star of the Citroen stand at the Shanghai auto show next week. The brand is tying itself to the tradition of French luxury, saying the SUV was “conceived in...
Eighty of the auto maker’s patent applications are for the Hybrid Air project. The system improves mild-hybrid powertrains by recovering energy as compressed air and reusing it as quickly as possible with the...
The CCFA auto industry association continues to maintain its outlook for the year that calls for a 5% decline, meaning the market is expected to bottom out and begin recovering sometime in the next nine months.
The idea is to replicate rival brand Citroen’s successful move upmarket with its DS3, DS4 and DS5 cars that are based on the C3, C4 and C5, but with different bodies and features.
The supervisory board, which controls strategic decisions and the hiring of top guns, makes a string of decisions calculated to cut costs. One of the chief concerns is improving relations with unions.
The former Soviet republic has France’s attention because it is the country’s third-largest source of petroleum, and is one of two suppliers of uranium to the French nuclear industry.