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French automaker PSA Group stated its first-quarter profits increased 4.9 percent, as the first results of a new product offensive assisted to conquer negative currency impacts. Earnings advanced to 13.63
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Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne conveyed back on his search for a merger on Friday, stating the automaker was not in a position to seek offers in the
General Motors surprised the European automobile market when it reached a deal to sell Opel and Vauxhall to France’s PSA Group this month. While GM wants to save important resources
Volkswagen CEO Matthias Mueller stated he did not eliminate he might hold merger talks with Fiat Chrysler CEO Sergio Marchionne, in a significant change of tone by the German automaker
France’s PSA Group is going to announce a deal to purchase Opel from General Motors on Monday after striking an agreement with the American automaker and winning the blessing of
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
Germany and France consider that a proposed acquisition of General Motors’ Opel by PSA Group is going to be a win-win situation for both countries, their labor ministers stated. Andrea
PSA Group has vowed to the German government to continue running all four of Opel’s German production sites as part of the French automaker’s takeover of General Motors’ European arm,
Britain has offered Peugeot maker PSA Group guarantees on post-Brexit trade and supply chains in an effort to protect Vauxhall auto plants after a potential takeover, according to a Financial
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