Peugeot: The Making Of A Turnaround

Peugeot (PSA) is going through a tough transition. The company is facing an European declining market and its heavy dependence on this market has been a drag on the company profits. This way, the company decided to revamp its current management team and brought the Portuguese Carlos Tavares (ex-COO at Renault) to turnaround the company. 

The first results appeared on the Q2 earnings presentation, where the company posted some interesting improvements. I have recently wrote an article about PSA, you can read it here.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.