PSA

Opel managers in line for big bonuses after PSA deal, report says

March 29, 2017 09:44 CET

GM will pay Opel's senior managers million-euro bonuses following the sale of the German brand to PSA, regardless of whether the executives remain with the company, a German report said.... Read More »

France digs in as Peugeot shareholder with stake shift

March 27, 2017 22:02 CET

France's state holdings agency sold its stake in PSA to the Bpifrance sovereign wealth fund in a move signaling the government's intention to remain a shareholder in the automaker for years to come.... Read More »

RICHARD TRUETT

BLOG: JLR's next move: Buy Vauxhall from PSA

12:00 pm U.S. ET | March 21, 2017

JLR's turnaround, from a money-losing business Ford dumped for $2.3 billion, at a huge loss, to India's Tata Motors, is one of the biggest success stories of the last decade. But now the next -- and far more difficult -- challenge awaits.... Read More »

French watchdog clears Opel of cheating on diesel emissions

March 20, 2017 10:55 CET

France's consumer fraud watchdog cleared Opel of suspected diesel-emissions cheating. The watchdog has previously sent files to prosecutors detailing suspected emissions fraud by Fiat Chrysler, Renault and PSA. Its probe is part of a wider investigation launched after VW's diesel scandal erupted.... Read More »

Peugeot family says Opel deal paves way for global expansion

March 19, 2017 15:45 CET

PSA Group's acquisition of Opel gives the French automaker greater scale to pursue global expansion plans, family shareholder Jean-Philippe Peugeot told a German newspaper.... Read More »

How PSA plans to succeed in India

March 18, 2017 06:01 CET

PSA believes it has a key to succeed in India. The country is a tantalizing prize for foreign automakers, who see an upwardly mobile, rapidly urbanizing and technologically savvy country that could pass Germany this year as the world's fourth-largest auto market.... Read More »

Opel will push ahead with EVs, flagship SUV under PSA ownership

March 15, 2017 18:18 CET

Opel will press on with plans to add more EVs and a flagship SUV under new owners PSA, the German automaker's CEO, Karl-Thomas Neumann, told a motoring magazine.... Read More »

GM isn't done pruning

12:01 am U.S. ET | March 13, 2017

After pulling the trigger on a sale of its European operations, General Motors signaled that it's willing to cut off more vestigial corners of its business in a drive to improve its profit margins and stock price. CEO Mary Barra says the Opel deal is not the end of the automaker's effort to pare its portfolio.... Read More »

Could Opel deal set off a chain reaction?

12:01 am U.S. ET | March 13, 2017

Historically, deals like General Motors' sale of Opel/Vauxhall to PSA Group have set off a chain reaction in the industry. Is a new round of consolidation in the works?... Read More »

GM, Opel and the price of freedom

12:01 am U.S. ET | March 13, 2017

If General Motors' sale of its Opel and Vauxhall brands were an NBA trade, the commissioner likely would veto it for being too lopsided.... Read More »

Opel deal caps Ammann's 'ruthless' drive

12:01 am U.S. ET | March 13, 2017

Raised on a New Zealand dairy farm, Dan Ammann is now trading away General Motors' once-sacred cows.... Read More »

GENEVA AUTO SHOW

In Europe, mainstream brands feel the heat

12:01 am U.S. ET | March 13, 2017

Volume automakers have good reason to fear luxury brands in Europe - mainly the German trio of Mercedes, Audi and BMW, but increasingly Volvo and Jaguar Land Rover. Luxury brands are gaining sales and pushing successfully into new segments.... Read More »

KEITH CRAIN

A new powerhouse emerges

12:01 am U.S. ET | March 13, 2017

To say that Carlos Tavares has surprised everyone would be an understatement. Tavares is a bold leader. It will be very interesting to watch PSA. I don't think he is finished.... Read More »

LETTER TO THE EDITOR

More scale doesn't always mean better

12:01 am U.S. ET | March 13, 2017

GM's disposal of Opel ("Auf Wiedersehen, General Motors," Feb. 20) will perhaps serve to further erode one of our most cherished, but wrongheaded, dogmas: Since a) scale certainly matters when it comes to cutting cost, then b) more scale is always a good thing.... Read More »

Can PSA succeed where GM failed?

12:01 am U.S. ET | March 12, 2017

GM's sale of Opel represents a final acknowledgment that -- just as many industry experts in Europe believe -- a regional power such as PSA Group might be more suited to run the business in the face of increasingly challenging odds.... Read More »

2017 GENEVA AUTO SHOW

DS 7 will be PSA's tech flagship

March 10, 2017 09:47 CET

With the DS 7 Crossback SUV, PSA Group's upscale brand faces a big challenge to win sales from the German brands the French automaker is targeting. However DS executives say the new model's significance goes beyond sales figures.... Read More »

Marchionne sees VW bid for Fiat Chrysler as Opel sale seen spurring car deals

March 7, 2017 16:52 CET

Volkswagen could make a bid for Fiat Chrysler following PSA's move to form Europe's second-largest carmaker with the purchase of Opel, FCA CEO Sergio Marchionne said.... Read More »

VIDEO: AutoNews Now: How BMW, VW see GM-PSA deal

3:00 pm U.S. ET | March 7, 2017

BMW, VW weigh in on GM, PSA; Neumann keeps Opel post; Cadillac's European ambitions; In Geneva: Fastest Honda ever sold in U.S.; Lambo's powerful Huracan; A zippy car from Tata.... Read More »

GM to make pension payments for years just to escape Europe

12:30 pm U.S. ET | March 7, 2017

General Motors will practically pay France's PSA Group to take its long-struggling European unit off its hands as it looks to cauterize a perennial bleeder.... Read More »

VIDEO: First Shift: Sergio still open to GM tie-up

8:45 am U.S. ET | March 7, 2017

Sergio still open to GM tie-up; Geneva highlights: VW's robo-taxi vision, Volvo's all-new XC60, Aston launches a sub-brand; Study ranks Porsche best in responding to online queries.... Read More »

Auto executives focus on technology rather than PSA-Opel

7:34 am U.S. ET | March 7, 2017

The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car-sharing set to eclipse even big mergers such as PSA's purchase of Opel.... Read More »

Marchionne says rationale for GM-FCA merger stands, even after PSA buys Opel

6:57 am U.S. ET | March 7, 2017

FCA Sergio Marchionne said he could approach GM again regarding a potential merger, adding a rationale for a tie-up still existed even after the U.S. rival decided to sell its European operations to PSA.... Read More »

RICHARD TRUETT

BLOG: For engineering, the good and the bad of GM's move to unload Opel

2:55 am U.S. ET | March 7, 2017

GM's sale of Opel/Vauxhall to PSA will have wide-ranging effects on the U.S. automaker as an engineering organization.... Read More »

NICK GIBBS

BLOG: Opel buy boosts PSA in German, UK markets

2:30 am U.S. ET | March 7, 2017

PSA's purchase of Opel/Vauxhall gives it a sizeable share of Europe's two biggest car markets, Germany and the UK. This is an immediate prize the French automaker didn't have before the deal, as customers in the two countries don't buy cars from its Peugeot and Citroen brands in any great volume.... Read More »

PSA OPEL TIE-UP

VW CEO sees no immediate trouble from PSA-Opel deal

March 7, 2017 07:51 CET

PSA's purchase of GM's Opel/Vauxhall division will cause no immediate problems for VW Group's core autos division, which is undergoing major restructuring, VW CEO Matthias Mueller said.... Read More »

 
Lithium next German power play?

Christiaan Hetzner
12:01 am U.S. ET | March 28 2017

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BMW, Daimler and VW came together to acquire Nokia's HERE high-definition mapping unit in 2015 so wi ...
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Shanghai show to measure progress of China's would-be Teslas

Yang Jian
4:19 am U.S. ET | March 24 2017

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At least six startups funded by Chinese backers have hatched plans to develop high-performance EVs a ...
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Why VW patriarch Piech's parting will be bitter

Christiaan Hetzner
8:16 am U.S. ET | March 22 2017

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Ferdinand Piech's plan to burn all bridges to his life's work and sell his indirect stake in VW Grou ...
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Why city mayors may dictate which cars will rule the roads

Luca Ciferri
12:01 am U.S. ET | March 18 2017

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PSA Group CEO Carlos Tavares is scared that the mayors of the world's biggest cities -- especially t ...
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How Aston Martin could help make your life better

Douglas A. Bolduc
12:01 am U.S. ET | March 17 2017

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Aston Martin is playing a key role in reducing CO2 and giving back a huge amount of lost time to car ...
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Audi CEO's polished exterior shows cracks amid diesel scandal

Christiaan Hetzner
5:53 am U.S. ET | March 17 2017

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There are few German top managers as practiced as Audi CEO Rupert Stadler. ...
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As VW exits crisis, the press spins next chapter like pirate radio

Larry P. Vellequette
12:01 am U.S. ET | March 15 2017

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When the financial and automotive press gathered Tuesday in Wolfsburg, home to a leading automaker, ...
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Mitsubishi gets a lot more European

Douglas A. Bolduc
12:01 am U.S. ET | March 15 2017

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Mitsubishi is becoming a lot more European as Chairman Carlos Ghosn fills key posts with trusted French and British executives. ...
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Perseverance leads to perfect iPad pockets in new XC60


12:01 am U.S. ET | March 8 2017

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Volvo's new XC60 has an iPad-friendly storage space that took a decade to make a reality. ...
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For Italy's Giugiaros, a return to the Geneva spotlight


12:01 am U.S. ET | March 8 2017

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It would not be a Geneva auto show without Giorget‎to and Fabrizio Giugiaro up on a small stan ...
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Newsletters & Alerts
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European sales rise 2% amid political uncertainty
New-car registrations rose 2 percent in Europe last month even though major brands such as VW, Opel ...
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W. European sales edge up in February
Western European car sales rose nearly 1 percent in February as demand slowed in key markets. ...
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Diesels lose appeal in weaker German car market
New-car sales in Germany fell nearly 3 percent last month, with diesel models worst hit as authoriti ...
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Opel, PSA lag rivals as Europe sales rise 10% in January
GM's Opel brand and PSA posted weaker European sales in January than their rivals amid discussions o ...
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Opel, PSA lag rivals as Europe sales rise 10% in January
Opel and PSA posted weaker European sales in January than their rivals amid discussions of a possibl ...
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Irish new-car sales fall in January as Brexit bites
New-car sales in Ireland fell nearly 2 percent in January as the British pound's sharp decline after ...
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EU car sales growth expected to slow to 1%, ACEA says
Car sales in the EU are expected to grow by about 1 percent in 2017, a sharp slowdown from last year ...
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Russia slump forecast to end; rapid recovery unlikely
After a four-year drop, Russia's car market looks to have bottomed out, leaving manufacturers optimi ...
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Western European car sales rise 10% in January
Western European car sales rose 9.5 percent in January on buoyant demand in Germany, France, Italy a ...
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UK sales rise 3% in Jan. on consumer demand
UK new-car registrations rose 3 percent in January, helped by the first increase in demand from priv ...
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New mild hybrid tech will shake up green car sales
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce ...
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SUV sales rise to 25% of European market
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as mod ...
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VW Golf, other volume compacts lose share to premium rivals, SUVs
The VW Golf and Ford Focus compacts are being squeezed as premium competitors such as the Mercedes A ...
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Europe's large premium SUV segment heads for record year
Europe's large premium SUV segment is on track for a record year, helped by rising sales of models s ...
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Audi, Mercedes push key segment toward milestone
Audi, BMW and Mercedes-Benz are largely responsible for the growing success of the compact premium s ...
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Audi, BMW, Jaguar give midsize premium segment a lift
Europe's midsize premium segment grew at a near double-digit pace in the first half on new models fr ...
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Audi's new development boss will start earlier than expected
Former Volvo executive Peter Mertens will become Audi's development chief earlier than anticipated, ...
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Nissan appoints EV expert as new tech boss for Europe
Nissan has appointed company veteran Nobusuke Toukura as the head of its European technical center. ...
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Nissan Europe promotes French exec to sales and marketing chief
Nissan Europe named Philippe Saillard as its new head of sales and marketing, a promotion from his c ...
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Infiniti names former BMW exec Habib as design chief
Infiniti, Nissan's premium brand, named Karim Habib, former global design chief for BMW, as the bran ...
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Nissan's Nakamura retires as design team is shuffled
Shiro Nakamura, who penned some of Nissan's most daring and memorable cars, will retire after 17 yea ...
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GM, Honda name top management for fuel cell venture
GM and Honda named the top managers that will oversee their newly formed Fuel Cell System Manufactur ...
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Toyota names new Europe sales boss
Toyota has shuffled its executive team in Europe, naming Hiroaki Nanahara, a veteran of the company' ...
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Toyota trims exec positions, aims for quicker decision making
Toyota has reduced its number of top positions to speed up decision making, as the automaker works t ...
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Daimler picks U.S. trucks chief Daum to replace Bernhard
Daimler has appointed the head of its North American trucks division to run group-wide truck operati ...
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Federal-Mogul shakes up leadership under Icahn takeover
Federal-Mogul Holdings named Bradley Norton as the new co-CEO and CEO of the supplier's motor parts division. ...
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Mini maxes out with Countryman
The Mini Countryman has grown to become the BMW subsidiary's biggest model to date and now competes ...
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Nissan plots Micra's return to Europe's top 10
Nissan wants to re-establish the Micra subcompact as one of the 10 top-sellers in Europe's biggest a ...
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Hyundai gives i30 a tech boost
The Hyundai i30's success has been important in boosting the brand's European growth in the past 10 ...
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Toyota gets quirky with C-HR to 'turn heads'
Toyota is a latecomer to Europe's crossover segment with the new C-HR. ...
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology firs ...
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Smart improves ForTwo, ForFour EV variants with Renault tech
Smart has improved its EV technology for the battery-powered versions of its ForTwo and ForFour with ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Audi makes Q5 a tougher rival for Mercedes GLC, Porsche Macan
Audi has developed the second-generation Q5 to have the driving dynamics of the Porsche Macan and a ...
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Peugeot moves upscale with new 3008 SUV
The new Peugeot 3008 has been turned into an SUV from a minivan and has been given significant upgra ...
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Citroen aims C3 at Facebook generation
Citroen is aiming its new C3 firmly at younger, tech-savvy buyers who will appreciate features such ...
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Suppliers to the new Renault Megane
Assembly of the fourth-generation Renault Megane began in November 2015 at the French automaker's fa ...
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Suppliers to the new Infiniti Q30
Assembly of the all-new Infiniti Q30 began on Daimler's MFA platform in December 2015 at the Nissan' ...
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Suppliers to the new Mercedes C-class Coupe
Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2 ...
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Suppliers to the new Opel/Vauxhall Astra
Assembly of the latest Opel/Vauxhall Astra began in Gliwice, Poland, in August 2015 and then in Elle ...
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Suppliers to the new Jaguar F-Pace
Assembly of Jaguar's all-new F-Pace began at parent Jaguar Land Rover's facility at Solihull, Englan ...
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