PSA to boost UK presence in the event of a ‘hard Brexit'

March 08, 2017

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...

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...

Takeover talks drive Opel dealers to possible defection

March 03, 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

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

February 28, 2017

Peugeot concept shows off autonomous plans and powerful connectivity

February 28, 2017

The PSA Group has partnered with Ericsson and Orange for field trials with 5G technology alongside Qualcomm. Also, in March, PSA will start testing autonomous cars on motorways and is set to showcase its autonomous and connected car technology with the Instinct concept at the Geneva Motor Show...

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...

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...

PSA Group and autobiz sign strategic partnership

February 23, 2017

PSA (Peugeot Citroën) has announced it has acquired a minority stake in online used car trader autobiz SA to further its ambitions in the used car market...

PSA-Opel merger update: Tavares alleviates fears over job losses

February 23, 2017

PSA and Geely launch bidding battle to buy Proton

February 22, 2017

Analysts puzzled by PSA’s Opel takeover plan

February 21, 2017

Analysts are struggling to understand the logic behind PSA’s proposed takeover of General Motors’ (GM’s) European division Opel/Vauxhall – although they see ample reasons for GM to sell...

German minister backs Opel-PSA deal after GM assurances

February 20, 2017

Since engaging in discussions with General Motors (GM) and PSA (Peugeot Citroën), with both seeking to allay fears of large-scale plant closures, Germany now expects the proposed merger of GM’s Opel (including its UK brand Vauxhall) and PSA to go ahead...

UK raises alarm over Vauxhall’s future in GM-PSA deal

February 17, 2017

Opel and PSA post weakest sales growth in Europe as merger discussions continue

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...

GM’s Opel and PSA Group in advanced discussions on merger

February 15, 2017

General Motors (GM) and PSA Group (Peugeot Citroën) have both confirmed they are in advanced discussions for GM to sell its European operation to PSA, which would mean GM exiting the European market...

EU losing patience with national regulators over emissions probes

February 14, 2017

Renault-Nissan merger proposed as Renault announces record earnings

February 13, 2017

The chief executive officer of both Renault and Nissan, Carlos Ghosn, has said the Renault-Nissan Alliance is ready to form closer capital ties, but only if France sells its stake in Renault. This comes as Renault set ambitious new medium term goals on Friday as it announced strong results...

Nissan used defeat device in Qashqai, court rules as PSA referred to French prosecutors

February 13, 2017

A South Korean court has upheld government accusations against Nissan that the carmaker used an emissions defeat device in its best-selling Qashqai SUV. Meanwhile, in what may be the final straw for current diesel technology, PSA Group has been referred to French prosecutors and accused of emissions cheating...

Separate European showrooms answer to sliding sales of troubled DS brand

February 02, 2017