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.
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.
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.
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.
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.
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.
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...
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.
Valmet Automotive has started series production of the Mercedes-Benz GLC SUV at its Uusikaupunki plant in Finland.
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.
Valeo has unveiled 2016 net income up 27% to EUR925m (EUR985m) with sales up 14% to EUR16.5bn.
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.
Cooper-Standard has posted 2016 net income of US$139m and fourth quarter net income of US$31.1m.
PSA has told the UK government it would seek to build on the strengths of the Vauxhall business if the company buys it.
Kia is stepping up its product offensive in Europe with the launches of new models such as a small SUV, a sporty sedan and replacements for its Rio and Picanto cars.
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 years and to improve the hatchback's competitiveness in the compact segment, the automaker has added so many extras to the latest model that it...
GM played down the possibility of large-scale factory closures in Germany and Britain following any deal to sell its European brands to PSA, according to officials in both countries.
Germany expects PSA Group's proposed acquisition of GM's Opel/Vauxhall business to go ahead. Politicians welcomed the creation of a potential "European champion."
General Motors has downplayed the possibility of large-scale factory closures in Germany and Britain following any deal to sell its European brands to Peugeot maker PSA Group, officials in both countries have said.
British business minister Greg Clark said he had been reassured by GM that the automaker did not intend to "rationalize" its Vauxhall operations. Clark made the comments after meeting with GM to discuss its plan to sell Opel/Vauxhall to PSA Group.
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
The latest auto news, reviews, prices, product and vehicle releases.