There are many successful companies in France; rough of them are: AXA, Society General, BNP Paribas, Total, and Renault between others. Today we will be talk about, Peugeot-Citroen the automobile friendship. We get chosen Peugeot-Citroen because is one of the well-nigh known companies not only in France but around the world as well. We will like to give you a brief review of the history of Peugeot-Citroen, and the most recent news. level: Peugeot-Citroen is one of the oldest car making companies in the world. This French attach to started it in 1842, however Peugeot-Citroen did not start as a car company. The History is actually very interesting. We tidy sum distinguish how a company can change with time. Peugeot-Citroen started as a pepper, salt and coffee grinder manufacturer. From making steel rods for hoopskirt dresses, it turned to umbrella frames, then wire wheels which seemed only a natural quantity towards bicycles, and from bicycles the company was just one step c overleapr to making cars. Just at the in effect(p) importee when personal transportation was right in the middle of a revolution, Peugeot-Citroen began automobile production. News: Some people are talking about the situation Peugeot is currently involved in right now. They are comparing it to the crisis GM suffer back in 2008.
It is often difficult to predict the future of a company with good cash flow, a capable CEO and a clear plan for staying afloat in the Europian Market. Some of the similitudes that we can see between the two companies is that Peugeot has more plants and workers than it needs. Peugeot is trying to press unsustainnably big incentives to sell cars. Another risk is that the market could lose confidence in Banque PSA Finance, Peugeots financing arm. Peugeot is off the beaten track(predicate) from the crisis that GM suffer in 2008 but it needs to reconstitute the company. Also, Peugeo strong markets Italia, Spain and France are in a financial crisis, get less cars than in previous years. Solutions:As we have heard, we have a... If you want to get a full essay, order it on our website:
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