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Is PSA chief right in betting on DS premium brand?

Is PSA chief right in betting on DS premium brand?

Carlos Tavares, the chief executive officer tasked with rebuilding almost from the ground up PSA Peugeot Citroen, the second largest automaker in Europe, has one rogue element – is the DS premium brand really as successful long-term bet? Trailing by far the Volkswagen Group as the second biggest carmaker in […]

Ghosn says Renault Nissan alliance should remain unchanged

Ghosn says Renault Nissan alliance should remain unchanged

Carlos Ghosn, the chief executive officer of Japan’s second largest automaker, Nissan Motor, has recently addressed the woes surrounding the French government’s holding increase in alliance partner Renault. Ghosn said the Japanese partner should not modify its capital alliance with Renault for the time being even as the French government […]

BMW sees China, Russia woes this year

BMW sees China, Russia woes this year

The world’s largest luxury automaker, Germany-based BMW AG, has just reported spectacular first quarter financial results, but the company is already planning ahead its strategy for the full year. The main issues for the German automaker seem to be the slowdown in China and the plummeting Russian market for the […]

Fiat Chrysler still mulling industry consolidation

Fiat Chrysler still mulling industry consolidation

During the recent conference call on first quarter earnings, the Fiat Chrysler officials reiterated their pledge for deeper cooperation among the major players in the auto industry, in a bid to bring more industry consolidation. Fiat Chrysler Automobiles chief executive officer Sergio Marchionne has reiterated its long-running idea that the […]