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FCA now reportedly tying up with PSA


After media reports proposed a Volkswagen AG takeover deal for Fiat Chrysler Automobiles, Financial Times has moved to another speculation – the carmaker would tie-up with France’s PSA. Just like it was the case with the German Manager Magazin report last week, about the negotiations between VW AG and FCA, both Fiat Chrysler Automobiles and PSA Peugeot Citroen swiftly dismissed the ...
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UK: premium automakers threaten mass-market brands
Great Britain’s new car sales have been a boom in recent months, far outpacing the overall modest economy rebound across the European region. And it looks like the usual premium ...
GM could have Brazilian workers on paid leave
According to an auto union, General Motors would move to address declining sales in Brazil, Latin America's largest economy, by taking off the job almost a fifth of its workers ...
DS’ standalone brand off to a slow start
Citroen’s premium line-up of DS models had dwindling sales during the first six months of the year, even as it moved to become a separate brand since June 1. The upscale ...
GM has confidence in the European rebound
Years of economic incertitude took the car industry to a two-decade low, but now the rebound has finally grasped the European region, even as political instability plagues Ukraine and Russia. During ...
Ford returns to profit in Europe
The No.2 US automaker finally returned from losses in Europe, as the second-quarter brought the unit’s first profit in three years. And it was all due to workers in Germany, ...
GM’s second-quarter profit hit by recall costs and victim’s fund
The No.1 US automaker, currently in the midst of the biggest safety scandal of the year, has reported a dwindling second-quarter profit. The miss was triggered by recall-related costs and ...
Hyundai ready to make more cars outside South Korea
The largest automaker in South Korea recently reported second-quarter earnings that failed to meet expectations, as the company’s export profits were eaten away by the rising local currency. With a miss ...
Japan: fuel cell cars get even more incentives
Hot on the heels of Prime Minister Shinzo Abe subsidy announcements, Toyota’s Aichi prefecture also came with additional backing for the new energy technology. At least in the Asian country, the ...
General Motors misses on profit expectations
While Ford surprisingly showed a positive result in the second-quarter, backed by record profit in North America and finally paring losses in Europe, its biggest US rival, General Motors, was ...



latest automotive news
Ferrari F430 Spider gets crashed by kid in Geneva
The young driver of this Ferrari F430 Spider has managed to crash his ride after pushing the gas pedal too ...
FCA now reportedly tying up with PSA
After media reports proposed a Volkswagen AG takeover deal for Fiat Chrysler Automobiles, Financial Times has moved to another speculation ...
2015 Kia Soul gets updated
Kia has announced a series of updates for the 2015 model year Soul which is now going on sale in ...
2015 Mercedes-Benz C-Class Cabrio – first images released
The first official images with the upcoming version of the Mercedes-Benz C-Class Cabrio have been released by the German based ...
UK: premium automakers threaten mass-market brands
Great Britain’s new car sales have been a boom in recent months, far outpacing the overall modest economy rebound across ...
BMW X4 introduced to the UK
Britain has received the smaller version of the BMW X6, the X4, which is now on sale across the country ...
2015 Smart ForFour gets tuned virtually
The new generation of the Smart ForFour has recently received some aftermarket goodies in the newest teaser image. After being officially ...
GM could have Brazilian workers on paid leave
According to an auto union, General Motors would move to address declining sales in Brazil, Latin America's largest economy, by ...
McLaren P1 GTR rendering sent to customers
Existing McLaren P1 customers have recently received an official rendering of this so-called McLaren P1 GTR, which is about to ...
White McLaren F1 expected to fetch 14m USD at auction
A white example of the classic and yet extremely impressive McLaren F1 is expected to find a new owner for ...
Nissan Note Nismo officially unveiled
The sportiest version of the new Nissan Note, the Nismo, has been officially unveiled by the car manufacturer as the ...
DS’ standalone brand off to a slow start
Citroen’s premium line-up of DS models had dwindling sales during the first six months of the year, even as it ...
Meet the Ford Falcon XR6 and XR8
Following a series of teaser images, Ford has officially pulled the wraps off the Falcon XR6 and XR8. The last Ford ...
Aston Martin Lagonda officially teased
Aston Martin has released the first teaser image and details on the upcoming Lagonda which will be hitting the market ...
GM has confidence in the European rebound
Years of economic incertitude took the car industry to a two-decade low, but now the rebound has finally grasped the ...
Ford returns to profit in Europe
The No.2 US automaker finally returned from losses in Europe, as the second-quarter brought the unit’s first profit in three ...
GM’s second-quarter profit hit by recall costs and victim’s fund
The No.1 US automaker, currently in the midst of the biggest safety scandal of the year, has reported a dwindling ...
Hyundai ready to make more cars outside South Korea
The largest automaker in South Korea recently reported second-quarter earnings that failed to meet expectations, as the company’s export profits ...