French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...
Orbis, an international manufacturer of reusable packaging and supply chain optimization expert, has names David Heer as the senior commercial director for Orbis Europe. In this new role, Heer is responsible for leading the ORBIS reusable ...
Altair has collaborated Ferrari to design and engineer the company’s ‘Next Generation’ vehicle platform which will be the basis of several new flagship vehicle derivatives. The announcement signifies the strong and ...
Tags: Altair Partners, Ferrari, Vehicle Platform
Henniges Automotive Holdings announced that it is opening a plant in Prudnik, Poland. This strategic positioning is part of Henniges' continued efforts to expand the company's global footprint. Henniges Automotive Holdings sales and ...
Transportation for London (TFL) has commissioned China-based automobile maker BYD Company to replace the city's famous red double-decker buses with battery-powered electric versions. Mayor of London Boris Johnson said: "Many believed that ...
Toy giant will move from country-by-country leadership structure to a pan-European approach to drive greater efficiencies across its European business. Toys R Us is taking ‘aggressive steps in the months ahead’ to achieve ...
Industrial thread and consumer textile crafts marketer, Coats plc has added David Gosnell as non-executive director, with effect from February 19, 2015, who will also chair the Remuneration Committee. David who retired from Diageo plc as ...
Tags: Industrial thread, Textile
'Made in China' gains credibility, as makers of home appliances expand Chinese home appliances and electronics are increasingly gaining popularity among European consumers because of their price advantages and innovation. Leading the ...
Tags: Home appliances, Electronics
The former Asobi executive has joined the firm's international sales team as Seedling continues plans for global growth. Former Asobi executive, Thierry Bourret has joined Seedling USA as part of the international sales team’s ...
Tags: extensive experience, Toys
The founder and MD of the UK toy wholesaler leaves to pursue new opportunities and develop the Slow Toy Movement. Founder and managing director of Asobi, Thierry Bourret, has stepped down from his role with the company. After six years ...
PepsiCo has announced two leadership appointments that further strengthen the company's management team. Enderson Guimaraes, currently CEO, PepsiCo Europe, has been named EVP, Global Categories and Operations, PepsiCo. He will be ...
Tags: PepsiCo, Snacks, Beverage, Agriculture
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the first quarter ended June 30 of the financial year 2014-15. In the first quarter, Tata Steel Group's net profit ...