Psa Group

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Photograph: iStock

PSA Group’s German car-making division Opel plans to cut as many as 4,100 jobs, according to sources, joining carmakers around the globe in retrenchin(...)

A Fiat Chrysler car plant in Turin.  Photograph: Marco Bertorello

Fiat Chrysler and Peugeot maker PSA Group are aiming to sign a formal agreement next week to combine and form the world’s fourth-biggest car manufactu(...)

Earthbound – for now – Richard Branson rings the bell on the floor of the New York Stock Exchange. Photograph: Brendan McDermid/Reuters

Image of the week: Galactic ambition With the stock ticker SPCE, Richard Branson’s Virgin Galactic Holdings launched this week, not into space, but o(...)

Photograph: Regis Duvignau/File Photo/Reuters

Rival carmakers PSA Group and Fiat Chrysler Automobiles agreed to combine, pooling resources to confront an expensive new era of trade tariffs, emissi(...)

Under the proposal, shareholders of each company would own 50 per cent of the combined entity, the people said. Fiat investors would receive a dividend of €5.5 billion.

The board of French carmaker PSA Group has approved a plan to merge with Italian-American rival Fiat Chrysler Automobiles, a combination that would cr(...)

Cairn Homes rose 1.8 per cent to €1.22 on strong volume. Photograph: Bloomberg
European stocks post modest gains

European stocks posted modest gains on a mostly subdued day in which the FTSE 100 outperformed other major indices. Euro-zone government bond yields f(...)

Now you see it, now you don’t. Most of the keyless car thefts take place outside the homes of the car owners

Criminals using the latest technology can be into your car within 10 seconds, and have it driven away. That’s the claim of the UK magazine What Car, w(...)

The Gowan Group is to take control of the Opel brand in the Republic

The Gowan Group is to take control of the Opel brand in the Republic. The company, owned by the Maughan family, already holds the Irish franchise(...)

A Fiat Chrysler dealership in Turin. Photograph: Marco Bertorello/AFP/Getty

Stocks climbed in Europe on Monday after markets traded mixed in Asia as investors mulled three weeks of global declines amid escalating US-China trad(...)

Photograph: Thomas Samson/AFP

PSA Group and Fiat Chrysler are exploring a partnership to share investments to build cars in Europe, according to people familiar with the talks. Th(...)

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