banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Dec
3rd

JAPAN/FRANCE: Mitsubishi shares soar on PSA talks news

Stay connected Subscribe to our RSS feed
Shares in Mitsubishi Motors Corporation (MMC) soared more than 20% on Thursday after the Nikkei business daily reported PSA Peugeot Citroen was in talks to spend up to JPY300bn (US$3.4bn) to acquire a 30-50% stake in the Japanese automaker. PSA itself would confirm only it had "started discussions with Mitsubishi Motors Company (sic) concerning the possibility of extending their relationship". Full story...
Dec
3rd

Peugeot poised to take up to 50% stake in Mitsubishi, reports say

Stay connected Subscribe to our RSS feed
PSA/Peugeot Citroen could buy a large stake in Mitsubishi as part of plan to deepen ties to ride out the auto industry's worst ever slump. Full story...
Dec
3rd

Peugeot poised to take up to 50% stake in Mitsubishi, reports says

Stay connected Subscribe to our RSS feed
France's PSA/Peugeot Citroen SA could buy a large stake in Japan's Mitsubishi Motors Corp. as part of plan to deepen ties to ride out the auto industry's worst ever slump. Full story...
Dec
3rd

Peugeot to take up to 50% stake in Mitsubishi, reports say

Stay connected Subscribe to our RSS feed
PSA/Peugeot Citroen could buy a large stake in Mitsubishi as part of plan to deepen ties to ride out the auto industry's worst ever slump. Full story...
Dec
2nd

Le Mans: Sebastien Loeb could drive a Peugeot 908 next June

Stay connected Subscribe to our RSS feed
Last week saw Peugeot Sport organise a test session with the 908 HDi FAP at the new Motorland circuit in Aragon, Spain. For the engineers and the managers of the team, it was a golden opportunity to assess the performance of rally champion Sebastien Loeb in the 908. Full story...
Nov
17th

This week’s mag

Stay connected Subscribe to our RSS feed
Peugeot's Puma rival, BMW's 63mpg 3-Series driven, we build first Aston Rapide, we name UK's best new hatch
Full story...
Nov
13th

UK Peugeot starts marketing i0n EV

Stay connected Subscribe to our RSS feed
Peugeot has started to take pre-reservations for its electric car, the i0n in the UK. Full story...
Nov
13th

UK Peugeot starts marketing iOn EV

Stay connected Subscribe to our RSS feed
Peugeot has started to take pre-reservations for its electric car, the i0n in the UK. Full story...
Nov
13th

Peugeot takes on Puma!

Stay connected Subscribe to our RSS feed
French firm ready to expand its sports car line-up with new budget coupé
Full story...
Nov
13th

Peugeot to axe classic GTi badge

Stay connected Subscribe to our RSS feed
French firm’s famous brand consigned to scrapheap in move that makes way for all-new RCZ performance coupé
Full story...
Nov
13th

FRANCE: PSA needs to axe more jobs says Varin

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroen needs to axe 6,000 jobs in France, 10% of its workforce there, between now and 2012 in order to boost productivity by 20% Full story...
Nov
12th

FRANCE: PSA’s 2009 forecast brightens

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroën said it has revised its 2009 forecasts significantly upwards due to the recent improvement in the automobile market and the ongoing success of new Peugeot and Citroën models. Full story...
Nov
6th

FRANCE: PSA sees supplier overcapacity

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroen's supplier network in France is burdened with 40% too much industrial capacity, its head of purchasing said on Friday. Full story...
Nov
6th

PSA says supplier base needs to consolidate more

Stay connected Subscribe to our RSS feed
PSA/Peugeot-Citroen's supplier network in France is burdened with 40 percent too much industrial capacity, its head of purchasing said on Friday. Full story...
Nov
3rd

FRANCE: PSA sticking with Faurecia

Stay connected Subscribe to our RSS feed
PSA Peugeot Citroen has no plans to pull out of parts affiliate Faurecia despite seeing its controlling stake diluted as part of a US acquisition, the head of Faurecia said on Tuesday. Full story...
Nov
3rd

Faurecia CEO unsure how low PSA stake will go

Stay connected Subscribe to our RSS feed
Faurecia CEO Yann Delabriere did not rule out PSA/Peugeot-Citroen lowering its stake in the partsmaker below 50 percent. Full story...
Nov
3rd

How low will PSA stake in Faurecia will go?

Stay connected Subscribe to our RSS feed
Faurecia CEO Yann Delabriere did not rule out PSA/Peugeot-Citroen lowering its stake in the partsmaker below 50 percent. Full story...
Nov
2nd

Peugeot sees strong year-end in Europe

Stay connected Subscribe to our RSS feed
Peugeot sees a strong end to 2009 as drivers flock to take advantage of scrapping schemes while they still can, deputy managing director Nicolas Wertans said. He expects the overall European market to reach around 14. Full story...
Nov
1st

Sanyo to supply batteries for PSA diesel hybrids

Stay connected Subscribe to our RSS feed
Sanyo Electric said it would supply nickel-metal hydride batteries to PSA/Peugeot-Citroen's hybrid cars, broadening the pool of customers for its green car batteries. Full story...
Nov
1st

Sanyo to supply batteries for Peugeot hybrids, report says

Stay connected Subscribe to our RSS feed
Sanyo Electric Co. has agreed with PSA/Peugeot-Citroen SA to supply nickel-metal hydride batteries for the French carmaker's diesel-electric hybrid cars, the Nikkei business daily said on Sunday. Full story...
Hosted by CifTech Hosting.