Cars
Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors formed an alliance with PSA Peugeot Citroen last March.
- Gm And Psa Peugeot Citroen Reportedly Considering European Merger
With GM’s European Opel/Vauxhall brands and PSA Peugeot Citroen losing money as well as market share fast, the two groups are looking for ways to make the best out of the alliance they formed on February 29. Under the initial agreement, GM paid...
- European Carmakers Must Deal With The Crisis Fast Or Face The Consequences
A number of European carmakers are facing the same problem: they have more facilities and employees churning out more cars than they can sell. Automotive CEOs acknowledge the fact and understand that something needs to be done about it. Fiat’s...
- Fiat Open To Talks With Volvo For A Possible Partnership
With the European market in a recession, Fiat is actively looking to form some kind of cost-saving alliance with another manufacturer. After GM turned down Fiat's offer for Opel opting to tie-up its troubled European operations with PSA Peugeot Citroen...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- Sources Say Gm Wants To Acquire 5 Percent Stake In Psa Peugeot-citroën As Alliance Talks Progress
A merger, a tie-up, an alliance or a collaboration, whatever you call it, at the end of the day, it all boils down to one thing: how well two automakers can work together in order to minimize costs and maximize profits. As previously reported, General...
Cars
GM May be Forced to Write Down PSA Peugeot Citroen Investment, but will Hold on to the Alliance
Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors formed an alliance with PSA Peugeot Citroen last March.
On paper, it was a win-win situation since Opel/Vauxhall and the two French carmakers would share development and parts purchasing costs and make the best of their plants’ capacity. For both groups it was probably the only way to stop bleeding money in the declining European market.
Read more »- Gm And Psa Peugeot Citroen Reportedly Considering European Merger
With GM’s European Opel/Vauxhall brands and PSA Peugeot Citroen losing money as well as market share fast, the two groups are looking for ways to make the best out of the alliance they formed on February 29. Under the initial agreement, GM paid...
- European Carmakers Must Deal With The Crisis Fast Or Face The Consequences
A number of European carmakers are facing the same problem: they have more facilities and employees churning out more cars than they can sell. Automotive CEOs acknowledge the fact and understand that something needs to be done about it. Fiat’s...
- Fiat Open To Talks With Volvo For A Possible Partnership
With the European market in a recession, Fiat is actively looking to form some kind of cost-saving alliance with another manufacturer. After GM turned down Fiat's offer for Opel opting to tie-up its troubled European operations with PSA Peugeot Citroen...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- Sources Say Gm Wants To Acquire 5 Percent Stake In Psa Peugeot-citroën As Alliance Talks Progress
A merger, a tie-up, an alliance or a collaboration, whatever you call it, at the end of the day, it all boils down to one thing: how well two automakers can work together in order to minimize costs and maximize profits. As previously reported, General...