Citroën 2CV returns as a £13,000 electric car, and the timing is no accident Sponsored Citroën is reviving one of its most famous cars as a sub-£15,000 electric city car. It looks like a nostalgia play, but it is really a response to a gap Europe’s carmakers left at the cheap end of the market, one that Chinese rivals are now moving quickly to fill. Citroën’s decision to bring back [...]
Citroen: UK sales slump by over £400m Business A sharp decline in the number of new and used Citroen cars being sold in 2024 contributed to the brand’s revenue being cut by more than £400m. For its latest financial year, the Coventry-headquartered firm’s revenue fell from £1.2bn to £792m, new accounts filed with Companies House show. Citroen’s revenue from the sale of new [...]
Shipping giants face landmark cartel class action for overcharging UK motorists Legal First follow-on cartel class action to hit a trial in the UK kicks off over allegations that shipping firms overcharged British consumers for car deliveries
Stellantis: Shares in Vauxhall owner plunge after boss’s shock resignation December 2, 2024 Stellantis last week placed more than 1,000 jobs at risk after announcing plans to close its manufacturing facility in Luton.
Citroen sales accelerate as profit more than doubles October 15, 2024 Sales at the UK arm of Citroen accelerated by almost £200m in 2023 as its profit more than doubled, it has been revealed. The Coventry-headquartered car maker has reported a revenue of £1.2bn for its latest financial year, up from the £1.01bn it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax [...]