UPDATE 1-Peugeot/Citroen pull-out deals a double blow
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French stablemates Peugeot and Citroen dealt rallying a double blow on Thursday with the shock announcement that they were pulling out of the world championship at the end of 2005.
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BusinessWeek Online - Outsiders haven't been allowed a glimpse yet. But rivals are already feeling uneasy. Deep in the Czech Republic, in a town called Kolin, Europe's newest auto plant is being put through its final paces before a March debut. The ultra-low-cost manufacturing joint venture between Toyota Motor Corp.  and PSA Peugeot Citroen (peugy.pk.PK) -- combining Japanese production expertise with French parts-purchasing might in Europe -- is sure to up the ante for volume auto makers, who already have to worry about surviving on razor-thin margins. ...
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Major regional indexes close in the red on early hike in crude prices and Coca-Cola profit warning. PARIS  - European shares fell on Wednesday as an early session rise in oil prices stoked concern
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Peugeot Citroen unveils an aggressive restructuring which includes trimming its European workforce by 8,000.
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The admission by two German riders is another blow to the credibility of professional cycling.
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PSA Peugeot Citroen  reported on Wednesday a steep decline in its 2006 consolidated operating margin to 2.0 percent from 3.4 percent in 2005, but the fall was less than analysts had forecast.
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Three-time French Open champion Gustavo Kuerten and Sebastien Grosjean pulled out of the Paris Masters with injuries Tuesday. Kuerten is recovering from recent hip surgery, while Grosjean&#39;s season is over because of a thigh injury.
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Merck &amp; Co. yesterday pulled the blockbuster pain medicine Vioxx off the market, announcing that a new company-sponsored study showed the drug doubled the risk
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VAUXHALL lost more than Â£115 million last year, twice as much as it lost the previous year. The company blamed the competitive car market.
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com staff writers. The parent company of Peugeot and Citroen has announce that due to the economy affecting the car market, they will withdraw from World Rally Championship competition at the end of the 2005 season.
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Business & money: Closure plans put up to 2,800 jobs at risk.
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What do you get when you pour 13 lanes of cars, trucks and buses into a traffic circle that, because of construction, has been reduced to three lanes, during rush hour on a Friday night in Paris? Another French Revolution.
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SHANGHAI: PSA Peugeot Citroen China&#39;s unit is expected to miss its full-year car sales target due to intense competition and slumping sales.
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which cost Â£130million and opened only 10 years ago - is to close. The fleet of Eurostar trains, which connect London with Paris
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Let's walk quietly away from this impending disaster The UK ID card project suffered another serious blow today with news that two potential suppliers have pulled out of the procurement process.â¦
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French commuters endured a second day of transport chaos Friday, as unions extended strikes against government plans to cut pension privileges for hundreds of thousands of rail and energy workers.
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A second day of strike action over pension reforms disrupts French rail services, with the Paris metro badly hit.