Feb
19th
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PSA CEO Carlos Tavares will meet with UK and France government leaders this week to discuss the potential purchase of GM's Opel and Vauxhall brands.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
18th
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PSA Group CEO Carlos Tavares will meet British Prime Minister Theresa May to discuss the automaker's planned acquisition of Opel and Vauxhall.
Feb
18th
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Despite falling demand for diesels, Nissan decided to offer the powertrain in its new Micra in Europe. Nissan's head of planning, Philippe Klein, explained why in an interview with Automotive News Europe.
Feb
17th
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GM and PSA are discussing a valuation for GM's Opel unit of about $2 billion as the automakers push to reach an agreement as soon as the end of next week, sources told Bloomberg.
Feb
17th
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Volvo Car UK is launching a nationwide recruitment drive for 300 new technicians to join its 119-outlet dealer network by 2020, in line with the brand's increasing sales and its growing product range.
Feb
17th
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Two Canadian companies - one in Lakeshore near Windsor, the other in Ottawa - have developed innovations that have the potential to make cars lighter, more fuel efficient and, in the case of electric cars, better performing due to a longer battery life and Navdeep Bains, minister of innovation, science and economic development, announced funding totalling C$18.2m for the two companies.
Feb
17th
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A takeover of GM's European arm, Opel, by PSA would make sense from an industrial point of view, a German newspaper reported, citing comments by Opel CEO Karl-Thomas Neumann in a letter to employees.
Feb
17th
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Ford, having noted engineers monitoring self-driving cars are dozing off, has decided to remove the steering wheel, brake and accelerator pedals from its driverless cars arriving in 2021, a media report said.
Feb
17th
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Audi dealers in China are demanding CNY28bn yuan ($4bn) to cover losses over the past three years that they blame on the automaker adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes-Benz overtake the luxury brand last month, Bloomberg reported.
Feb
17th
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PSA's bid to create a European auto giant by acquiring GM's European unit may be the best chance Peugeot, Citroen and Opel have to thrive as high-volume, low-margin manufacturers.
Feb
17th
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It would be fair to say la merde a frappé le ventilateur when news broke - on Valentines Day, no less, that Opel was on the block. Again. With the French automaker PSA in the frame this time. We have been here before.
Feb
17th
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General Motors will make its electric-car technology available to PSA if a deal to sell GM's Opel/Vauxhall business to the French automaker goes through, a German magazine reported.
Feb
17th
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Ford claims costly car repairs could be prevented with the help of an ingenious, crowd-sourced virtual pothole map, which it is researching, with testing due to start later this year.
Feb
17th
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France says it will evaluate the proposed sale of General Motors' Opel division to PSA in close daily consultation with the German and UK governments after saying it too learned of the announcement in the press.
Feb
17th
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Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses over the past three years that they blame on the automaker adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes overtake the...
Feb
17th
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British union leaders are requesting urgent talks with the CEO of PSA Groupe as speculation grows any new Franco-German alliance could be at the expense of future UK commitments.
Feb
17th
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Valmet Automotive has started series production of the Mercedes-Benz GLC SUV at its Uusikaupunki plant in Finland.
Feb
17th
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Opel should remain an independent company with current management in place after a possible sale to PSA Peugeot Citroën, GM CEO Mary Barra has insisted in negotiations with the French company.
Feb
17th
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Valeo has unveiled 2016 net income up 27% to EUR925m (EUR985m) with sales up 14% to EUR16.5bn.
Feb
17th
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Less than 12 months after the UK's vote to leave the EU, Vauxhall's future is uncertain as GM mulls the sale of its European arm to PSA -- a move that may have been triggered by the Brexit vote.