UK sales flat despite upcoming road tax hike, diesel demand plummets

March 08, 2017

UK new car registrations fell annually by 0.3% in February to 83,115 units according to the SMMT, driven down by weaker demand from individuals and companies. More noticeable, however, was the 9.2% drop in demand for diesels compared to February 2016, a steeper drop than the decline in Germany...

PSA buys Opel in €2.2 billion deal, becomes Europe’s second-biggest carmaker

March 07, 2017

PSA Group (Peugeot Citroën) has announced it has agreed to buy General Motors’ (GM) Opel and Vauxhall for €2.2 billion, creating the second-largest carmaker by volume in Europe...

Driving bans hitting new diesel car demand; Vienna, Liverpool set for bans too

March 07, 2017

As Vienna and Liverpool become the latest cities to consider banning diesel cars, the fallout following Dieselgate is finally starting to depress demand, new prices and residual values...

PSA Group strikes deal to buy Opel, Spanish minister says its plants are ‘well-placed’

March 06, 2017

PSA Group (Peugeot Citroën) has reached a deal to buy General Motors’ (GM) Opel division, sources told Reuters on Friday, 3 March. The deal is set to be officially announced today, Monday 6 March...

Insight: Understanding city mobility goals is critical for commercial success

March 06, 2017


Nissan requests £100m ‘Made in Britain’ supplier fund, could face £400-plus million profit hit

March 02, 2017


German OEMs say SCR refits for older diesels impossible

March 02, 2017


GM CEO Barra hesitant on potential Opel-PSA merger

March 02, 2017

General Motors (GM) CEO Mary Barra refused to say that a possible sale of its Opel European business to PSA Group was on the cards on Tuesday, in what is a step backwards from a previous confirmation of the possibility on its own website...

Brexit threat to electric Mini production in the UK

March 01, 2017


Volkswagen Group back in profit despite emissions scandal

February 28, 2017

The Volkswagen (VW) Group has returned to profit after its biggest ever loss in 2015, despite provisions for damages related to its diesel emissions scandal ballooning towards €22.6 billion...

Vauxhall plants require ‘new direction’ to survive post Opel-PSA merger

February 28, 2017


Insight: Capacity and RV management issues could plague Opel-PSA merger

February 27, 2017

Questions have already been raised about the potential of an Opel-PSA merger to unlock the stated cost savings and generate true economies of scale, but with significant unused production capacity and a series of ‘middle of the road’ brands, the combined entity would need a substantial overhaul if it is to reverse recent lacklustre residual value (RV) performance...


VW pivots to eastern Germany for electric vehicles, including new I.D. brand

February 27, 2017


German dealer lobby warns of 10-20% used and new diesel price declines

February 27, 2017


Ghosn to step down as Nissan CEO to focus on the Alliance

February 24, 2017


PSA doubles profits and is ‘ready to grab opportunities’

February 24, 2017

PSA Group has announced a doubling of full-year profits, signalling the carmaker's revival from crisis three years ago, and reinforcing its efforts to buy General Motors’ (GM’s) European Opel-Vauxhall operations...

Tesla 2016 results: Net loss of $675,000 despite increased revenues

February 24, 2017

Tesla increased revenues from $4 million (€3.8 million) in 2015 to $7 million (€6.6 million) in 2016, with the lion’s share generated by the automotive division and the rest by the energy generation and storage and services divisions. However, the company still suffered a net loss of $675,000 (€638,000)...

PSA and Geely launch bidding battle to buy Proton

February 22, 2017


Toyota targeting one million plug-in hybrids

February 21, 2017


Nissan to launch diesel Micra despite market trends and emissions pressure

February 21, 2017


Major shift for Germany as used car sales overtake new car market

February 20, 2017


Confident Britain sees record 8 million used cars sold in 2016 despite Brexit vote

February 17, 2017


Barra’s move to cast off Opel suggests a deeper shift at GM

February 16, 2017

General Motors (GM) once prided itself as being the top-selling vehicle maker in the world, aiming to dominate all markets. Under chief executive officer Mary Barra, the move to sell its European business Opel to PSA Group (Peugeot Citroën) shows it will now focus on cash flow and profitability rather than sales volume...

Car prices surge 5% since Brexit vote, but market still yet to peak, says leading dealership

February 15, 2017



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