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PSA's third-quarter auto revenue drops despite pricing push

Oct. 22, 2014 08:43 CET | UPDATED: Oct. 22 13:20 CET - adds analyst comment
PSA/Peugeot-Citroen's group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its manufacturing arm.... Read More »

Daimler's surprise sale of Tesla stake fuels rivalry speculation

Oct. 22, 2014 12:28 CET
Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly competitive electric car market.... Read More »

EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be...... Read More »

Fiat's Wall Street trading is flat as Milan dominates

Oct. 22, 2014 11:58 CET
Fiat Chrysler Automobiles has had a flat reception on the New York Stock Exchange after its debut there last week.... Read More »

GM will warn some Saab, Pontiac owners not to allow front passengers

Oct. 22, 2014 12:47 CET
General Motors will warn some owners of Saab 9-2X and Pontiac Vibe hatchbacks in the U.S.... Read More »

Valeo's third-quarter sales rise 10% on fuel-saving technologies

Oct. 22, 2014 15:00 CET
French supplier Valeo said third-quarter sales rose 10 percent to 3.06 billion euros ($3.... Read More »

Italy's Sogefi reports nine-month net loss of 5.8 million euros

Oct. 22, 2014 11:24 CET
Italian supplier Sogefi reported a net loss of 5.8 million euros ($7.... Read More »

Daimler eyes stake in motorcycle maker MV Agusta, report says

Oct. 21, 2014 10:39 CET
Daimler is said to be in talks to take a stake of up to 25 percent in Italian motorcycle maker MV Agusta.... Read More »

Daimler sees $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:18 CET
Daimler will book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla Motors.... Read More »

Citroen withholds new crossover from booming segment in Europe

Oct. 21, 2014 12:17 CET
Citroen's new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model.... Read More »

Daimler will shift some Sprinter production to North America from Germany

Oct. 21, 2014 17:51 CET
Daimler said it will build the next-generation Mercedes Sprinter van in North America, shifting some production from Germany to improve...... Read More »

PSA-Dongfeng JV breaks ground for 4th China plant

Oct. 21, 2014 11:08 CET
PSA's joint venture with Dongfeng began construction of its fourth Chinese assembly plant.... Read More »

China plant prompts Land Rover to target 10% premium SUV market share

Oct. 21, 2014 08:26 CET
Jaguar Land Rover aims to capture 10 percent of China's premium SUV market as its first local plant allows the UK luxury marque to cut prices and...... Read More »

PSA will add production shifts to meet demand for Citroen C4 Cactus, report says

Oct. 21, 2014 18:21 CET
PSA/Peugeot-Citroen is adding extra production shifts at its Villaverde factory near Madrid to meet increasing demand for the new Citroen C4 Cactus,...... Read More »

Geely set to debut its first 'Horbury'

Oct. 21, 2014 06:01 CET
Geely's GC9, the Chinese brand's flagship sedan set to debut at the Guangzhou auto show next month, is being touted as the first Geely developed...... Read More »

Chinese auto market growth will slow to 5% this year, group says

Oct. 21, 2014 11:34 CET
China's vehicle sales will likely rise just 5 percent in 2014 to 23 million, according to the country's main auto association, which revised its...... Read More »

'Aggressive' EV ambitions will boost aluminum demand in China

Oct. 21, 2014 12:02 CET
China's drive to build electric cars as a way to combat pollution and reduce energy dependence is likely to set up a greater-than-forecast surge in...... Read More »

GKN sees growth in 2014 helped by auto-unit performance

Oct. 21, 2014 15:07 CET
UK supplier GKN said it was on track for growth in 2014 after posting third-quarter profit of 160 million pounds ($258.... Read More »

Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET
Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla.... Read More »

Jaguar Land Rover is in talks for U.S. plant, report says

Oct. 20, 2014 13:13 CET
Jaguar Land Rover is in talks with several southern U.S.... Read More »

Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
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