PSA's board approved a deal to raise 3 billion euros ($4.1 billion) by selling stakes to Dongfeng and the French government, reports said. The deal, if completed, would represent a defining moment in the history of the automaker.
PSA's board approved a deal to raise 3 billion euros ($4.1 billion) by selling stakes to Dongfeng and the French government. The deal, if completed, would represent a defining moment in the history of the automaker.
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20 Jan, 2014
The FIA Shelby Cobra CSX7000 marks 50 years of racing Cobras, limited to just 50 models
Chinese automotive group BAIC Motor is planning to raise up to USD2bn in a public flotation on the Hong Kong stock exchange.
News
20 Jan, 2014
New British sports car firm, David Brown Automotive, will launch its debut model in April
PSA increased vehicle sales by 4 percent in the fourth quarter. Full-year sales fell 5 percent to 2.82 million, the automaker said today.
Alan Mulally took one of the biggest business risks in history in 2006 by mortgaging $23.6 billion in Ford Motor Co. assets to avert bankruptcy.
Russia's 'weak' auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up...
Cadillac wants to leverage the success of its ATS compact sedan with a few variant models.
Automotive News Europe needs your help to find the Rising Stars in the European automotive industry.
GMC's lineup is in the midst of a major overhaul, including the Canyon mid-sized pickup unveiled here last week.
AutoNation Inc. CEO Mike Jackson is delighted that the Federal Trade Commission is cracking down on deceptive advertising by dealerships.
Toyota's Calty design studio took a 'no boring' cars' mantra to create the FT-1 supercar. In an 18-month race against the clock before the 2014 Detroit auto show, Calty built a spiritual pace car that may find its way to the street.
TRW is planning to open a new airbag sewing factory in Romania to meet anticipated growth in demand for airbag cushions over the next five years.
Barra's sudden stardom poses a unique opportunity for GM, which is eager to put the era of "Government Motors" in the past and to attract new customers at a time when women influence a majority of car-buying purchases.
Automotive News reporter Jamie LaReau toured the floor of the North American International Auto Show with AutoNation CEO MIke Jackson, as he highlighted the biggest hits he saw.
Scion turns 10 years old this year, and even though the target customer is still Gen Y, the behavior of that demographic has changed dramatically.
Russia's 'weak' auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up...
Without proper succession planning, a dealer could leave behind a legacy of litigation and failed business and family relationships. That's why many experts agree dealers should start succession planning when they are in their late 40s or early 50s.
Mercedes-Benz expects the GLA crossover to be an even bigger seller than its CLA sibling when it goes on sale this fall. That means dealers probably can count on shortages of that vehicle, too, said Steve Cannon, CEO of Mercedes-Benz USA.
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