French automaker PSA Group is increasing deliveries of Chinese-made gasoline engines to Europe as it adapts to a customer shift away from diesel, Les Echos reported on Monday. The maker
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Peugeot-owner PSA will use a present Opel site in eastern Europe to assemble 200,000 petrol engines in place of developing new capacity on its own site located in Slovakia as
PSA Group prepares to cut numerous models and curb discounts at its Opel division, Frankfurter Allgemeine Zeitung reported on Monday, without pointing out the source of the details. The automaker
PSA Group’s quarterly income increased by nearly a third, the maker of Peugeot and Citroen cars stated on Wednesday, as it added Opel-Vauxhall sales estimates for the first time. The
French automaker PSA Group and U.S. rival Ford led a 2 percent drop in European car sales previous month, according to industry data released on Tuesday. September registrations dropped to
PSA on Friday stated it would cut about 400 jobs at Vauxhall’s Ellesmere Port located in Britain by the end of the year to enhance the production center’s competitiveness. PSA
French automaker Peugeot SA on Wednesday stated it was concentrating on utility vehicles to raise its market share in Brazil and would provide a similar set of models as it
French automaker PSA Groug secured genuine EU antitrust approval on Wednesday to obtain General Motors’ German unit Opel, a move which will assist it better rival with market leader Volkswagen.
The CEO General Motors’ European subsidiary Opel, Karl-Thomas Neumann, prepares to resign as GM prepares to sell the company to France’s PSA Group, Frankfurter Allgemeine Sonntagszeitung (FAS) reported on Saturday.
Opel, the European subsidiary of General Motors, stated its sale to France’s PSA Group could be finished as early as July 31, pending regulatory approval from antitrust authorities. In March,
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