Psa Group

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Matthias Mueller, chief executive officer of Volkswagen AG, said the company is more open than it used to be to a potential tie-up with Fiat Chrysler. Photograph: Krisztian Bocsi/Bloomberg

Volkswagen left the door open to a potential tie-up with Fiat Chrysler or another rival on Tuesday, as a drop in operating profit at its biggest car b(...)

Vovlo chief executive Hakan Samuelsson at a presentation of the new Volvo XC60 car during the 87th International Motor Show at Palexpo in Geneva, Switzerland. Photograph: Denis Balibouse/Reuters

Despite all the previews and advanced publicity there was some impressive new metal at the Geneva motor show. Volvo launched its new XC60, which wil(...)

Opel CEO Karl-Thomas Neumann

Considering that Geneva is the most important, if not physically biggest, of Europe’s big motor shows, there is precious little that is actually new n(...)

Commodity-driven stocks were some of the worst-performers on the blue chip index after China’s premier Li Keqiang said the country was aiming to expand its economy by 6.5 per cent. Photograph: Guang Niu/Getty Images

News of the €12.7 billion Aberdeen Asset Management and Standard Life merger failed to lift European markets, which fell back slightly on poor perform(...)

Peugeot Instinct concept

Peugeot just can’t seem to keep itself out of the news right now. First off, it has won the 2017 European Car Of The Year award and late on Sunday it (...)

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 (...)

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