French prosecutors open formal probe into PSA emissions

French prosecutors have opened a formal investigation into suspected emissions test-cheating by PSA. Three judges have been assigned to lead the investigation into alleged consumer fraud offenses. PSA strongly denied any wrongdoing.

Ghosn wants Mitsubishi to reform, rules out Nissan merger

Nissan and Mitsubishi CEO Carlos Ghosn ruled out a full merger of the two automakers, but said he wants changes at the smaller company. The executive repeated comments made previously by the alliance that it was likely the carmakers will cross-manufacture in areas where it makes sense.

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