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PSA Group Completes Acquisition of GM's Opel, Vauxhall Brands

Aug 3, 2017

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

PSA Group Confirms Talks to Acquire GM's Vauxhall and Opel Brands

Mar 1, 2017

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 ...

Tags: automaker, PSA Group

Lear to Buy Grupo Antolin's Automotive Seating Business

Feb 13, 2017

Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...

Tags: Lear, Antolin's Automotive, Seating Business

PSA Signs Loi with Stafim to Assemble Peugeot Brand Pick-up Truck in Tunisia

Dec 16, 2016

PSA Group and STAFIM have signed a letter of intent to assemble and sell a Peugeot brand Pick-up truck in Tunisia. This planned assembly plant will start operations in mid-2018, producing 1,200 units annually to meet the demand in the ...

Tags: Pick-up Truck, PSA Group

PSA Group, Dongfeng Motors Partner to Design Electric Version of Common Modular Platform

May 13, 2016

PSA Group and Dongfeng Motors (DFM) have signed an agreement to design an electric version of their Common Modular Platform (CMP). The CMP was jointly developed by the two companies since April 2015. The deal was signed at the ...

Tags: PSA Group, Dongfeng Motors

Tongtai's 2015 Revenue May Rise 20-Plus-Percent to Us$323 Bn

Apr 27, 2015

Industry executives forecast the consolidated revenue of machine-tool maker Tongtai Machine & Tool Co., Ltd. of Taiwan to rise over 20 percent year on year to NT$10 billion (US$322.58 million) by the end of this year, basing such optimistic ...

Tags: machine-tool, Tongtai Machine&Tool

PCMA Rus to Suspend Production of Peugeot, Citroen and Mitsubishi Models

Mar 31, 2015

The Russian joint venture between PSA Peugeot Citroen and Mitsubishi, PCMA Rus is planning to suspend production of Peugeot, Citroen and Mitsubishi models in the country. The joint venture, which operates a plant in Kaluga, about 180 km ...

Tags: SUV, PCMA, Auto Parts

PSA Selected Automotive Supplier Trw Automotive as Its Das Partner

Jan 8, 2015

PSA Peugeot Citro n has selected automotive supplier TRW Automotive as its driver assist system (DAS) partner. The announcement came at the 2015 Consumer Electronics Show along with the launch of TRW's next generation radar (AC1000) and ...

Tags: DS vehicle ranges, driver assist system, Auto

Peugeot Is Planning to Cut Around 20% of Its Workforce From Warwickshire Facilities

Nov 19, 2014

Peugeot Citroen is planning to cut around 20% of its workforce from Warwickshire facilities which include workers from its Pinley House and Tile Hill facilities in UK. The company cited that it is restructuring operation and planning to ...

Tags: workforce, Auto

PSA Peugeot CitroeN Has Presented Awards to Its Best Suppliers

Aug 26, 2014

PSA Peugeot Citroën has presented awards to its best suppliers. BASF’s Coatings division received the award for its CathoGuard 800 cathodic e-coat. This is applied to the vehicle body to protect it from corrosion. The special ...

Tags: PSA Peugeot CitroeN, Suppliers, Construction

2014 Is Expected to Be a Great Year for The Supercapacitor Industry

May 12, 2014

Overall, 2014 is expected to be a great year for the supercapacitor industry. This is the prediction of technology market analyst IDTechEx which looked at last year's industry results and estimated a 30% CAGR for the supercapacitor market ...

Tags: supercapacitor, Electrical, Electronics

2014 Is Expected to Be a Great Year for The Supercapacitor Industry

Apr 23, 2014

Overall, 2014 is expected to be a great year for the supercapacitor industry. Based on 2013 industry results, IDTechEx confirms its outlook for a 30% CAGR in the next 10 years. The supercapacitor market will reach a value of $6 billion in ...

Tags: Automotive, Supercapacitors

PSA Peugeot Citroen Collaborates with IBM to Launch New Era of Connected Vehicles

Mar 28, 2014

PSA Peugeot Citroen today announced plans to use IBM Big Data and Analytics and IBM MobileFirst solutions to launch a new era of connected vehicles that deliver customized services. The rapid adoption of mobile devices is redefining ...

Tags: PSA, Peugeot Citroen, IBM

Henniges Automotive Has Earned Sole Ownership of Chinese Joint Venture

Jan 22, 2014

Henniges Automotive Holdings, Inc., a leading supplier of highly engineered sealing and anti-vibration systems for the global automotive market, announced it has acquired the remaining 40 percent of Beijing Wanyuan-Henniges Sealing Systems ...

Tags: Henniges Automotive, Auto Parts

General Motors Will Sell Its Entire Seven Per Cent Stake in Psa Peugeot Citroen

Dec 17, 2013

General Motors will sell its entire seven per cent stake in PSA Peugeot Citroen and scale back its collaborative efforts with the French car maker. GM vice chairman Steve Girsky says the US-based manufacturer plans to sell the 24,839,429 ...

Tags: Peugeot Citroen, GM

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