Why leave Europe's car market? So many reasons.Sat, 18, Feb 2017
Why is General Motors looking for a way out of Europe? That's easy. While home to many of the oldest and most venerable car brands in the world, Europe may also be the most brutally competitive and demanding market, with a complicated patchwork of regulations under which a host of American, European and Asian brands all compete.
Ford found recipe for profits in EuropeFri, 17, Feb 2017
Ford was unprofitable in Europe from 2011-2014. But then-CEO Alan Mulally implemented an aggressive restructuring plan that included shuttering three manufacturing plants, slashing thousands of jobs and reinvigorating its product lineup with new and freshened vehicles, including performance and luxury variants.
Vauxhall future uncertain after GM-PSA deal and Brexit voteFri, 17, Feb 2017
PSA wishes to build on GM's Vauxhall success, UK gov't saysFri, 17, Feb 2017
PSA has told the UK government it would seek to build on the strengths of General Motors' Vauxhall business if the company buys it. However two sources close to PSA told Reuters that plant cuts were part of the company's discussions to buy GM's Opel and Vauxhall brands, with UK sites in the front line.
GM assurances result in German minister backing PSA-Opel dealThu, 16, Feb 2017
Germany expects PSA Group's proposed acquisition of General Motors' Opel business to go ahead, a minister said on Thursday, after the U.S. carmaker sought to allay fears of large-scale plant closures.
Opel, PSA lag rivals as Europe sales rise 10% in JanuaryThu, 16, Feb 2017
GM's Opel brand and PSA posted weaker European sales in January than their rivals amid discussions of a possible purchase of the GM unit by the French automaker. Europe registrations rose 10 percent last month, driven by extra selling days and robust demand in nearly all of the region's key markets.
GM will not 'rationalize' Vauxhall plants, UK minister saysThu, 16, Feb 2017
British business minister Greg Clark said he had been reassured by GM that the automaker did not intend to "rationalize" its Vauxhall operations. Clark made the comments after meeting with GM to discuss its plan to sell Opel/Vauxhall to PSA Group.
GM CEO Barra at Opel HQ for talks with managementWed, 15, Feb 2017
GM, PSA bosses try to sell Europe deal amid German, UK worriesWed, 15, Feb 2017
Land Rover Defender's spirit to be revived by chemical companyTue, 14, Feb 2017
Jaguar Land Rover halted production of the original Land Rover Defender over a year ago, but now Ineos Group, a company better known for chemical production, is bankrolling an attempt at reviving the rugged model's heritage.
Volvo upbeat on 2017 after 66% earnings jumpWed, 08, Feb 2017
Volvo Cars reported double-digit improvements in 2016 earnings and revenue on Wednesday and forecast a fourth consecutive year of record sales for 2017. Operating profit rose 66 percent to 11 billion Swedish crowns ($1.24 billion) and revenue increased 10 percent to 180.7 billion crowns.