PSA's earnings jumped 18 percent last year on cost cuts, underscoring the automaker's revival and helping its efforts to buy GM's struggling European operations.
Kia hopes customer loyalty, along with new connectivity and safety features, will help lift sales of the Picanto in the price-sensitive minicar segment.
VW Group is in advanced talks to team up with Tata Motors as the German automaker takes another stab at India's fast-growing demand for cars, Bloomberg reported.
PSA expects its planned acquisition of GM's Opel/Vauxhall division to lead to combined sales of 5 million vehicles by 2022 and save as much as $2.1 billion annually, Reuters reported.
PSA confirmed it had submitted a bid for a partnership with Proton, putting the French automaker in a potential bidding war for the ailing Malaysian owner of the UK-based Lotus Cars unit.
Stuttgart, home to German automakers Mercedes and Porsche, will ban from next year diesel cars which do not meet the latest Euro 6 emissions standards from entering the city on days when pollution is heavy.
A German court barred the public disclosure of documents relating to VW Group's emissions scandal during a hearing for wrongful dismissal brought by a former Audi engineer.
Land Rover confirmed Velar as the name for a new SUV that will be a rival to the Porsche Macan. The Velar will be the fourth member of the Range Rover family and will be positioned between the Evoque and the Range Rover Sport.
Italdesign has formed a business division to build limited-edition supercars. The new unit will unveil its first car, a $1.6 million coupe, at the Geneva auto show next month.
Daimler aims to strengthen its position as Russia's top-selling luxury brand by opening a factory to build Mercedes SUVs and the E-class sedan.
VW Group has rowed back on some cost-cutting demands at its core VW brand, the company's labor bosses said, as both sides seek to end a dispute over implementing a turnaround plan.
News
7 Mar, 2017
Rugged Dacia Logan MCV Stepway makes its public debut alongside new limited edition Duster SUV
Chinese startup Techrules will debut a supercar at the Geneva auto show next month styled by Italian designers Giorgetto Giugiaro and his son Fabrizio.
PSA Group told German Chancellor Angela Merkel that it would uphold Opel and Vauxhall job guarantees if it buys the GM's European arm, though some analysts say thousands of job losses are likely eventually.
VW Group could face a UK government investigation over its diesel scandal. British politicians will decide after holding talks next month with their German counterparts.
VW's labor bosses and top executives are making headway in talks to resolve a dispute over the implementation of a turnaround plan.
Chinese automaker Geely and France's PSA Group are expected to bid for struggling Malaysian carmaker Proton Holdings, owner of the UK sports-car maker Lotus, reports said.
Audi, which has been caught up in parent VW Group's emissions-cheating scandal, has fired four engineers from its diesel division. The dismissed engineers include the automaker's engine development chief and a former head of emissions in the U.S.
PSA Group CEO Carlos Tavares will meet union chiefs amid growing concerns over the future of Vauxhall plants if the French automaker buys the business from GM, Reuters reported.
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