Psa Group

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The maker of Peugeot and Citroen cars pledged to achieve €1.7 billion in cost savings from the acquisition by 2026. Photograh: Ina Fassbender/Reuters

France’s PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at €2.2 billion, creating a new European car giant to cha(...)

France’s PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning(...)

In some ways, PSA itself is taking a massive risk here. Opel has lost money every year since 1999, and has drained General Motors’ coffers to the tune of some €8-billion in just the last eight years.

So, with PSA Group, the company that owns and operates the Peugeot, DS and Citroen brands, taking over Opel from its current owners, General Motors, w(...)

Photograph: iStock

Renault’s profit surged 38 per cent in 2016 after the French carmaker gained market share in Europe with an expanded line-up of sport utility vehicles(...)

 Renault’s profit surged 38 per cent in 2016. Photo: Bloomberg

Renault’s profit surged 38 per cent in 2016 after the French carmaker gained market share in Europe with an expanded lineup of sport utility vehicles (...)

The Toyota Proace will come in three lengths – Compact (4.6m), MWB (4.9m) and LWB (5.3m). The Compact is the spiritual successor to the LiteAce.

There was a time in Ireland when it seemed every van in the country was a Toyota Hiace. First built in 1967 and still sold outside of Europe, Hiace c(...)

Bank of Ireland was one of the biggest fallers, down 3.63 per cent. Photograph: Cyril Byrne

European stocks retreated in thin trading on Tuesday, after briefly paring losses, as a stronger euro weighed on exporters. Britain’s top shares inde(...)

French carmaker PSA Group lifted prices of Peugeot, Citroen and DS vehicles by an average of 2 per cent on August 1st. Analyst Ian Fletcher said it was “pretty much inevitable” that other car brands would follow.

British consumers are starting to bear the costs of Brexit, with companies raising prices of everything from cars to carpets to counter a plunge in th(...)

Renault’s net income rose 8.8 per cent to €1.5 billion  in the first six months of the year.

Renault made little progress towards promised cost savings in the first half of the year, the French carmaker said on Thursday, although a revamp of (...)

Jeremy Masding, group chief executive of Permanent TSB: the bank announced its first profit since 2007,  bringing its stock up 4.73 per cent to €2.168.  Photograph: Dara Mac Dónaill

A raft of earnings announcements helped boost European stocks, raising them out of a doldrum period that saw markets make few gains. Dublin Packagi(...)

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