The takeover by French carmaker PSA Peugeot Citroen of General Motors' Opel-Vauxhall is set to transform the European car market.
The PSA group has agreed to buy the European unit of General Motors. The deal values the business at 2.2 billion euros.
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.
Carmaker Peugeot Citroen reportedly plans to cut more than 2,000 jobs in France next year through early retirements and voluntary buyouts.
European car sales grew by a strong 7.3 percent last month with increases for smaller so-called volume vehicles and luxury premium cars alike.
After a well-deserved rest day,The Silk Way Rally returned to action with a short but intense timed-sector run in the high-mountain plains at between 2,000 and 2,600 metres above sea…
French carmaker, Peugeot Citroen, has unveiled its plans to return to consistent sales growth. In what chief executive Carlos Tavares described as a
French car-maker PSA Peugeot Citroen will pay Iran over 400 million euros in compensation for losses after it quit the country due to international trade sanctions.
It’s Iran’s biggest industry after oil: car-making. And the expected phasing out of sanctions following July’s nuclear deal means the race is on to
Struggling French carmaker PSA Peugeot Citroen is about to sell a controlling stake in GEFCO, its subsidiary that transports vehicles for delivery
PSA Peugot Citroën’s shares gained on a report that it is to cut more jobs than originally planned this year in France, up to 10,000.