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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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PSA to start car assembly in Nigeria this year
The French automaker, Europe’s second largest, wants to begin auto manufacturing in the African country with the aid of a local manufacturing partner. The news also comes just three months ...
Report – Ex PSA chairman ousted because of renewed criticism
PSA Peugeot Citroen's Thierry Peugeot, the former chairman of the company, has been forced out of the company after once more he voiced his disapproval for the way the French ...
PSA to lay off workers at French factory
The French automaker, the second largest in Europe, has decided to set up an early retirement benefit program for workers at its Rennes, France, plant willing to participate. The approximately 500 ...
PSA starts home recovery
The battered European carmaker has announced it’s starting the restructuring process at home in France by investing 300 million euros ($408 million) to upgrade and actually also contract its Mulhouse ...
PSA CEO wants to fight rival European VW brand
Volkswagen AG is currently the top European automaker and also the second largest global auto company, so the ambitions of the CEO of the second largest European auto producer are ...
After Dongfeng and French buy, PSA is offering more stock to investors
Europe’s second biggest automaker, after finally closing the deal on the stakes sold to both Chinese partner Dongfeng Motor and the French state is further financing its turnaround plan by ...
PSA Peugeot Citroen posts Q1 gains on European recovery
Europe’s second largest automaker, which was until now hit by the almost six years slump in demand in the European market, enjoyed a profitable first quarter in 2014, thanks to ...
Report – PSA could move to return to the United States
PSA Peugeot Citroen last sold a car – the Peugeot 405 – in the US in 1991, but now the company’s new chief executive officer Carlos Tavares has hinted to ...
PSA’s Faurecia increases first quarter revenue
Faurecia SA, Europe’s biggest car interior maker, partly owned by France’s PSa Peugeot Citroen announced its first quarter revenue grew 3.4% thanks to increased Asian sales and a recovery of ...

latest automotive news
New war erupts between F1 teams and media
Jul.27 (GMM/Inautonews.com) Lewis Hamilton versus Nico Rosberg is not the only raging battle in formula one. Red Bull's Christian Horner ...
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Team performance firing Lotus exit rumours – Grosjean
Jul.27 (GMM/Inautonews.com) Romain Grosjean has admitted Lotus' lack of competitiveness in 2014 is driving rumours he could be set ...
Briatore to inject more ‘show’ into F1 – reports
Jul.27 (GMM/Inautonews.com) Bernie Ecclestone sees friend Flavio Briatore as the key to rescuing formula one's flagging 'show'. That is the ...
Massa bemoans spare parts struggle in Hungary
Jul.27 (GMM/Inautonews.com) Felipe Massa insists he was beaten in Hungary only because his car was not up to par ...
Honda targeting wins for McLaren return
Jul.27 (GMM/Inautonews.com) Honda is targeting nothing other than victory as it prepares to return to formula one in 2015. Every ...
Marko playing contract poker with Vettel – Lauda
Jul.27 (GMM/Inautonews.com) Niki Lauda has accused fellow Austrian and F1 rival Dr Helmut Marko of playing games to secure ...
Angry Raikkonen says Ferrari must address ‘weaknesses’
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Mercedes builds Hamilton all-new car for Hungary GP
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Hamilton’s hopes up in flames in Hungary
Jul.26 (GMM/Inautonews.com) Lewis Hamilton's championship hopes went up in Mercedes-flavoured fire on Saturday. Far from keeping his target of a ...
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Hamilton slams Pirelli tyres in Hungary
Jul.26 (GMM/Inautonews.com) Lewis Hamilton was heavily critical of Pirelli's tyres after practice for the Hungarian grand prix. "The tyres are ...
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Jul.26 (GMM/Inautonews.com) The unofficial 'silly season' has officially hit F1, as talk of a move to Mercedes for world ...
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Jul.25 (GMM/Inautonews.com) Mercedes will continue to work with brake supplier Brembo, despite Lewis Hamilton's disc failure in Hockenheim qualifying ...