三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Auto Global

Dongfeng, Peugeot inks deal officially, capital injected

(Agencies) Updated: 2014-03-27 10:31

Dongfeng, Peugeot inks deal officially, capital injected

From L-R: Robert Peugeot, director of the board of French carmaker PSA Peugeot Citroen, Philippe Varin, outgoing Chief Executive Officer of PSA Peugeot Citroen, Xu Ping, Chairman of Dongfeng Motor Group Company and French Minister of the Economy and Finances Pierre Moscovici attend a news conference in Paris, March 26, 2014. [Photo/Agencies] 

PARIS - PSA Peugeot Citroen's tie-up with China's Dongfeng was signed on Wednesday, bringing the French carmaker much-needed cash and greater access to Asia but leaving major challenges ahead.

French President Francois Hollande and visiting Chinese counterpart Xi Jinping oversaw the signing of a framework deal for State-owned Dongfeng Motor Group and the French government to take matching 14 percent Peugeot stakes in a 3 billion euro ($4.1 billion) capital increase.

Dongfeng, Peugeot inks deal officially, capital injected
Dongfeng's capital injection to give Peugeot new drive 

Dongfeng, Peugeot inks deal officially, capital injected

New Peugeot CEO Carlos Tavares must now turn around unprofitable European operations, halt persistent Latin American losses, deliver on China plans that many consider ambitious and treat a Russian headache that may be about to worsen.

The tie-up allows Peugeot and Dongfeng to extend their existing Chinese joint venture to co-develop vehicles, ramp up production to grab a bigger share of the world's largest auto market and export their cars around Asia.

After Wednesday' signing ceremony President Hollande said that deal makes Peugeot "a carmaker of global dimensions that can be present on all markets".

"This is no longer just about selling, it's about investing together," he said.

Tavares, former second in command at rival French carmaker Renault, takes over as CEO next week, with Thierry Peugeot bowing out as chairman in a deal that had pitched him into public conflict with cousin Robert over the dilution of the family's stake and loss of control.

"When you pass major milestones it's normal that there be discussions and differing opinions," Robert Peugeot, who heads the family's holding company FFP, said in a radio interview. "But when the day comes for decisions, they are taken unanimously."

China targets

With losses mounting almost everywhere else, Peugeot has high hopes for China, pledging a near-trebling of sales with Dongfeng to 1.5 million vehicles in 2020.

In a second Chinese venture with Changan, Peugeot expects to sell out its annual production capacity of 200,000 upscale DS vehicles by 2016, a spokesman said as the company prepares to roll out a new DS5 LS mid-size sedan.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 三级短视频 | 午夜性爽快免费视频播放 | 国产亚洲精品午夜一区 | 婷婷色影院 | 国产麻豆免费视频 | 亚洲视频在线免费观看 | 国产一级黄色片子 | 91一区二区三区四区五区 | 久久青草91线频免费观看 | 国产成人禁片免费观看视频 | 国产小视频网站 | 国产成人一区二区三区在线视频 | 色综合天天综合高清影视 | 亚洲一区二区三区久久精品 | 99久久精品免费看国产免费 | 色婷婷亚洲| 亚洲系列在线 | 美国毛片一级视频在线aa | 免费人成视网站在线不卡 | 国精品一区二区三区 | 思思九九 | 日本xxxⅹ色视频在线观看网站 | 日本亚洲精品久久 | 色狠狠成人综合色 | 亚洲精品色图 | 日韩免费一区二区 | 美国一级大黄大色毛片视频一 | 日韩欧美在线视频观看 | 高中生福利视频在线观看 | 色视频一区二区三区 | 高清欧美一区二区三区 | 天干天干夜天干天天爽 | 一级特黄aa毛片免费观看 | 黄色aaa| 一级黄色录像播放 | 一级毛片欧美一级日韩黄 | 岛国福利视频 | 亚洲wuma| 欧美乱妇欲仙欲死视频免费 | 免费观看a黄一级视频 | 久久精品免费一区二区三区 |