GM Reports 42% Drop In 2Q Profits To $1.7 Bn On Reorganizing Costs
General Motors reported a big drop in second-quarter earnings Tuesday on one-time restructuring costs in international markets, as car sales ...
Tag: PSA Group
Ford Names Hackett As CEO To Tackle Car Rivals, Silicon Valley
Ford Motor Co (F. N) abruptly named James Hackett as chief executive on Monday, responding to investors’ growing unease about ...
US Border Tax Plans Raise Major Questions For GM, Fiat
Republican plans to introduce a US border adjustment tax have auto giants General Motors and Fiat Chrysler looking for clarity, ...
Peugeot To Buy GM’s Opel, Creating 2nd-Largest European Car Maker
General Motors Co. is selling its loss-making European car business - including Germany's Opel and British brand Vauxhall - to ...
Autos Bosses Focus On Technology Rather Than PSA-Opel
The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing set to ...
GM Set To Announce Opel/Vauxhall Sale On Monday
General Motors is set to announce a deal to sell Vauxhall and Opel to the French company that owns Peugeot ...
Peugeot Poised To Buy GM’s Opel, Creating European Car Giant
France's PSA Group (PEUP. PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday ...
PSA Pledges To Keep Opel’s Four German Sites Running
PSA Group (PEUP. PA) has pledged to the German government to continue operating all four of Opel's German production sites ...
PSA’s Chief Seeks Meeting With British PM On Planned Vauxhall Takeover
PSA Group's (PEUP. PA) Chief Executive Officer has asked for a meeting with British Prime Minister Theresa May on the ...
UK and Germany Raise Concerns On Deal Talks
The UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. ...
Peugeot Buys India’s Ambassador Car For $12 Mn
India's Hindustan Motors has sold its Ambassador car to France's Peugeot for just $12 million, capping a spectacular downfall for ...