Fiat Chrysler PSA deal likely to bring fewer brands, models
Will create the world’s fourth-largest auto company worth $50 billion.
Fiat Chrysler merger with PSA appears headed for approval
Would create the world’s fourth-largest automaker with a combined market value of around US$50 billion.
Peugeot, IBM partner to develop connected car technologies
Will focus on commercializing services and building next-gen technical solutions.
PSA Peugeot Citroen close to partnership with China’s Dongfeng Motor
Partnership could increase the struggling French automaker’s capital by $4.1 billion.
French finance minister moves to reduce Peugeot layoffs
The struggling automaker announced it would cut 8,000 jobs last week in an effort to cut costs by almost $2 billion.
GM’s Opel chief shuffles struggling auto-maker
The European car-maker will ramp up export markets and streamline manufacturing operations in Germany.