PSA closes failing Berlin car sharing

While PSA Group works on fine-tuning its mobility services in the United States, it is learning from at least one failed operation launched in Europe.

Ford plans $885 million outlay to build key crossover in Spain

Ford will invest more than 750 million euros ($885 million) in its Spanish plant in the eastern region of Valencia to produce the next-generation Kuga crossover.

Honda says it could not absorb 10% tariff after Brexit

Honda said it cannot afford the 10 percent export tariff that would be imposed on its British-built cars if Britain had to return to World Trade Organization rules after Brexit. The company builds about 8 percent of Britain's 1.7 million cars at its plant in Swindon.

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