Psa

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Photograph: iStock

Family owned motor group Gowan has completed the acquisition of Fiat, Alfa Romeo, Jeep and Fiat Professional’s Irish distribution business. The comp(...)

Volkswagen said it had earmarked about €16bn for investment in the future trends of e-mobility, hybridisation and digitalisation up to 2025. Photograph: Getty Images

Volkswagen wants electric vehicles (EVs) to make up the majority of European sales for its core brand by 2030, it said on Friday, the latest carmaker (...)

In Dublin,  shares of Ryanair fell 3.1 per cent to close at €15.30. Photograph: Andy Rain/EPA

European stocks rose on Monday as a jump in carmaker Stellantis and luxury stocks helped reverse early market losses due to worries about an economic(...)

Mitsubishi will, in 2021, wind up its Irish operations, just as it will in the rest of Europe and the UK. Photograph: Kazuhiro Nogi/AFP

Car brands tend to be stable things, not quite in the too-big-to-fail category, but robust enough to survive the rough and tumble of business peaks an(...)

Shares in the world’s second-biggest fashion retailer jumped 12 per cent early on Tuesday

European stocks struggled for direction on Tuesday, with banking shares declining ahead of the US and UK central bank meetings this week, while Sweden(...)

The European Union is concerned about the combined high market share in small vans of Fiat Chrysler and PSA, which are looking to merge. Photograph: Stephane Maher/Reuters

Fiat Chrysler and Peugeot / Citroën owner PSA may have to make concessions to secure approval of their $50 billion (€44.2 billion) merger, with Europe(...)

The Irish Car Carbon Reduction Alliance (ICCRA) has carried out a survey of 1,000 car buyers, and says that 82 per cent don’t think that the Government’s plans for a combustion engine ban is achievable.

A group which represents Irish car dealers has said that confusion over Government plans to a petrol and diesel car sale ban in 2030 is holding back a(...)

Traders work at the New York Stock Exchange. Airlines took a battering after Warren Buffett’s negative comments last weekend. Photograph: Johannes Eisele/AFP via Getty Images

European stocks ended lower on Monday as investors were greeted with fresh US-China tensions following a May Day break, after Washington threatened ta(...)

PSA said it  expects the auto sector to fall by 25 per cent in Europe this year

PSA has enough funds to cope with a halving in auto industry sales this year, the French carmaker said on Tuesday as it warned of a plunge in demand d(...)

French president Emmanuel Macron talks to employees as he visits the Kolmi-Hopen face mask factory in Saint-Barthelemy-d’Anjou in central France. Photograph: Loic Venance/AFP via Getty Images

Until they were laid low by the coronavirus pandemic, few in Europe or the United States realised how much their countries depended on vital healthcar(...)

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