Groupe PSA is investing in Luton facility in the UK to manufacture a new Opel/Vauxhall Vivaro by 2019. The company said the success of its light commercial vehicle strategy needs further manufacturing capacity and the investment in Luton ...
Tags: Groupe PSA, Brexit Uncertainties
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
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
PSA Peugeot Citron (PSA) and General Motors (GM) will be manufacturing small light commercial vehicles (B-LCV) from their respective brands at the PSA plant in Vigo, Spain. The arrangement is a part of the existing alliance between the ...
Tags: commercial vehicles, PSA, General Motors
Following on-site investigations at a supplier, Opel/Vauxhall is expanding its safety check for Corsa and ADAM to include about another 1,000 cars in Europe. This is in addition to the 8,000 that were communicated last week. The ...
Tags: Opel/Vauxhall, 1000 Cars, Accessories
Following on-site investigations at a supplier, Opel/Vauxhall is expanding its safety check for Corsa and ADAM to include about another 1,000 cars in Europe. This is in addition to the 8,000 that were communicated last week. The ...
Tags: Opel/Vauxhall, Expand, Accessories
American automaker General Motors (GM) is set to invest EUR250m in its GM Manufacturing Poland plant in Tychy for production of a new generation midsize diesel engine family. With this new investment, the company will set up additional ...
Tags: General Motors, Engine Production
General Motors Co. sold upward of 9.7 million vehicles worldwide in 2013, 4% more than in 2012, the company said Wednesday. Sales in the company’s China and United Kingdom markets accounted for the largest year-over-year gains at 11% ...
Tags: General Motors, Chevrolet
Europe’s thriving subcompact SUV segment has become a sales bonanza for brands such as Opel, Peugeot and Renault, but Asian rivals are now primed for a slice of the pie. Hyundai, Kia and Toyota are readying a range of new entries to ...
Tags: Small SUVs, subcompact
Car sales in the Europe increased 2% in April compared to corresponding month last year while year-to-date sales declined by 7.1%, according to JATO Dynamics. Among the five major markets, car sales has reported rise in UK, Germany and ...
Tags: European Car, Volkswagen
General Motors has appointed former Volkswagen chief Dr Karl-Thomas Neumann to the role of CEO of its European operations, Opel. Neumann, 51, becomes chairman of the management board of Adam Opel AG, effective March 1, 2013, as well as ...
Tags: Opel, Neumann, Head European Operations
On the face of it the outlook in Europe for OEM automobile coatings looks grim at the moment. The region is estimated to have a 20 percent overcapacity in car manufacturing so that plant closures are seen to be sooner or later ...