Now playing Next world news General Motors to close plants and cut jobs to cope with ailing market American carmaker will streamline its operations amid rising costs and slumping sales, focussing on larger vehicles and future technologies. 27/11/2018
Now playing Next United Kingdom Watch: Top Gear scoops world record for fastest tractor Motor show Top Gear scooped the unusual Guiness World Record after reaching a top speed of 87.271 miles per hour (140 kph) with a modified farm vehicle. 23/03/2018
Now playing Next Business Series Ford changes gear, ousts CEO US carmaker Ford has dumped CEO Mark Fields. He'll be replaced by James Hackett, the head of the unit developing its self-driving cars. 22/05/2017
Now playing Next Business Series General Motors bails out of India and South Africa General Motors has announced further retrenchment by stopping selling vehicles in India and selling its operations in South Africa. 18/05/2017
Now playing Next Business Series Peugeot expects more Opel losses this year PSA Group Chief Executive Carlos Tavares says he expects Opel-Vauxhall to lose more money in 2017 as it buys the business from General Motors. 10/05/2017
Now playing Next Business Series Tesla investors buy the dream Electric car maker Tesla's share price continues to rise and the total value of those shares now make it worth more than General Motors. 11/04/2017
Now playing Next Business Series German economy minister seeks Opel jobs pledge from Peugeot Citroen French carmaker Peugeot Citroen is in the process of buying German rival Opel, but fears over job losses in Germany mean Peugeot's boss has been asked for guarantees none will go. 05/04/2017
Now playing Next Business Line Carmakers consolidate in the era of electric cars and automated driving Business Line hits the road this week; with the PSA-Opel merger announced and the Geneva motor show underway we consider the future of motoring. 08/03/2017
Now playing Next Switzerland Peugeot 3008 wins European Car of the Year Peugeot wins European Car of the Year for 3008 model on the same day it is announced PSA Peugeot Citroen will take over Opel-Vauxhall 07/03/2017
Now playing Next Business Series PSA Opel-Vauxhall deal to transform European car market The takeover by French carmaker PSA Peugeot Citroen of General Motors' Opel-Vauxhall is set to transform the European car market. 06/03/2017
Now playing Next France PSA-GM deal sparks fears for jobs The PSA group has agreed to buy the European unit of General Motors. The deal values the business at 2.2 billion euros. 06/03/2017
Now playing Next Business Series France's PSA could buy GM's Opel/Vauxhall In a move that could shake up the global auto industry, France's PSA Peugeot Citroen is talking to General Motors about buying Opel/Vauxhall. 14/02/2017
Now playing Next Business Series Ford profit down from Mexico plant hit Ford has reported a quarterly loss partly linked to abandoning a planned factory in Mexico that President Trump criticised. 26/01/2017
Now playing Next Economy Trump pushes GM, Ford and Fiat Chrysler on US car plants Trump has met the heads of GM, Ford and Fiat Chrysler pushing them to make more vehicles in the United States and create more American jobs. 24/01/2017
Now playing Next Business Series Toyota invests in ride-hailing firm Uber Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett. 25/05/2016
Now playing Next USA GM’s Barra to families of victims tied to deadly cars: 'I am deeply sorry' 02/04/2014