Peugeot merger talks progressing well, says CEO Michael Manley

FCA Peugeot

Fiat Chrysler’s CEO Michael Manley stated on Wednesday that merger talks with Peugeot owner PSA to form the world’s No. 4 automaker are progressing well and he hopes to have a deal completed under 12-14 months. Discussing with Reuters on the sidelines of an industry meeting, Manley said he doesn’t expect any major hindrance that […]

Europe sees rise in green car sales

green car

The sales of vehicles alternative to fuel based are increasing in Europe. The sales volume of battery-powered, fuel-cell, and rechargeable hybrid care is increased by 206,000 at the end of 2016 in Europe. Among all these, the plug-in hybrid technology was popular because of its sales volume being 113,000 registered vehicles which is 17.2 % […]