2 billion per year for three years for a total of 3

After its net losses nearly EUR 1 billion in the first half of this year, PSA Peugeot Citroën must first "putting order in the House", before considering to build a grand alliance, Philippe Varin, President of the Executive Board said yesterday. After several months of immersion, it yesterday presented a plan to improve the operational performance of PSA from 1.1 billion to EUR 1.2 billion per year for three years, for a total of 3.3 billion euros by the end of 2013. Five best builders reduce.

How to do About 55 of these advances must come from the part production, development and overhead, 30 of the actual commercial action and 15 of the markets to strong growth, mainly China and Brazil today. To pass above the financial balance, the staff includes wearing the utilization rate of its European plants of 85 today to 105 in 2012. The hours required for the manufacture of a vehicle will be lowered by 20 (this work has already been done to Poissy and Mulhouse), and further progress in productivity will complement the increase expected, but non-encrypted volumes. The plan could theoretically produce 6,000 departures in France over three years, according to Philippe Varin, after 4,200 departures this year, but the reduction in the number of temporary workers and the replacement of natural departures should be sufficient to avoid a restructuring plan.

Thumbing its nose at Renault

If hungry analysts forecasts of "free cash flow" remained on their hunger yesterday however SAP has satiated them new models. As for good show that it is the essence of future growth. The group, said traditionally conservative, was not afraid to break a taboo, yesterday in the center of Vélizy (Yvelines), revealing for the first time a half-dozen "real" news on the 2010-2012 period, not to mention other specific models announced for the China or Latin America. Silhouettes never presented at trade shows such as Frankfurt or Geneva. A foot of conspicuous nose to Renault, which would have 5 vehicles to unveil the next year.Not be allowed to take any photograph, observers were entitled to the first rounds of wheels of the new Citroën C4, expected for the first half of 2010, aided by his cousin high-end DS4 (launched in early 2011) and the DS5 sedan to the air of "cut four-door" concept initiated by Mercedes or Audi. The latter will have a hybrid-diesel version announced in only 104 grams of CO 2 for 200 horses. In the ranks of Peugeot, the surprise came from the successor to the 407, which should be called "508" and understand at least two versions: a "high range sedan" (first half of 2011) and a "crossover" version, hybrid four-wheel-drive, securely in the first half of 2012. The mark of the lion also had a sprain to its conservative habits by unveiling the successor of the small sedan 207, totally different lines of its predecessor, it also announced for the beginning of 2012. For distant markets, like China, Peugeot has provided among other things two declensions notchback of its 308, of different sizes, which one will take the 408 label (but will not be distributed in Europe). One of these two vehicles is also intended to Latin America, in the company of a small pickup, a Citroën compact SUV and the recent C3 Picasso.