Spain is the only European country where PSA's production overlaps with that of Opel, and the market could deliver the quick cost savings sought by the French automaker if it buys GM's European unit.
Audi's supervisory board backed CEO Rupert Stadler, saying allegations brought against him by a former Audi employee suing for wrongful termination were not accurate.
PSA CEO Carlos Tavares offered a robust justification for a potential deal to buy GM's Opel/Vauxhall business, saying his company has the track record and expertise to turn around GM's European operations, which has continued to lose hundreds of...
PSA plans an engineering blitz to redevelop Opel's core models with its own technology if it succeeds in buying GM's European arm, Reuters reported.
UK Prime Minister Theresa May and German Chancellor Angela Merkel have both spoken with PSA CEO Carlos Tavares in the last few days as the executive looks likely to preside over a deal with Opel/Vauxhall that may put UK and German car jobs at risk.
PSA Group CEO Carlos Tavares laid out his vision for Opel that includes expanding the German brand outside its European home market.
Nissan said the Brexit-induced fall in the pound, which dropped by some 15 percent against the euro after the June referendum, had left it slightly worse off in the UK as the extra cost of importing euro-denominated parts outweighed the currency...
PSA's proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said.
UK car production rose by an annual 7.5 percent in January to hit its highest level since 2008, as strong demand for exports compensated for a decline in demand at home, according to data from the SMMT industry body.
PSA will be a partner in TravelCar, a ride-sharing service set to begin in April at airports in San Francisco and Los Angeles, as the automaker takes the first steps toward re-entering the North American market.
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.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up