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French automaker PSA Group is open to new industry tie-ups and is drawing attention from rivals after its lightning turnaround and quick progress in restructuring recently acquired Opel, Chief Executive
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Opel’s new CEO, Michael Lohscheller, has demanded concessions from labor unions to make the loss-making automaker more competitive, before what he said would be a decisive round of pay talks
A major European automaker could be brought “to its knees” by carbon dioxide emissions fines, permitting a Chinese purchaser to intervene with its own electric vehicle technology, Peugeot maker PSA
Peugeot SA CEO Carlos Tavares stated on Wednesday the automaker is using the knowledge of former Opel engineers obtained from General Motors to develop automobiles to return to the U.S.
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
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
PSA Group has agreed to purchase Opel from General Motors in a deal estimating the company at 2.2 billion euros ($2.3 billion), the company stated, developing a new regional cars
PSA Group’s proposed acquisition of Opel would quickly produce savings and worth from the General Motors European division’s turnaround and complementary brand names, the French automaker’s CEO Carlos Tavares stated
PSA Group, the French automaker in talks to purchase Opel from General Motors, revealed its first dividend in six years and raised its medium-term profitability objective on Thursday after full-year
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