Cars
GM's Opel to Build Next Citroen C5 Mid-Size Model, Says PSA Exec
New details about General Motors strategic cooperation with the PSA Citroen-Peugeot group surfaced today after Jean-Luc Perrard, head of PSA's factory in Rennes, France, told local newspaper Ouest France that Opel will build next generation of the Citroen C5, codenamed X8. According to a report from Autonews Europe, Perrard did not say which Opel factory would manufacture Citroen's mid-size model, but there's a good chance it may be the Ruesselsheim plant that assembles the current Opel Insignia series.
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Gm And Psa Axe Plans For Mid-size Models, Narrow Their Partnership
Even though it hasn't been that long since General Motors and PSA Peugeot-Citroen announced big plans for an elaborate partnership, the two companies have failed to come to an agreement on a number of projects. After dropping plans to jointly develop...
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Psa Peugeot-citroen Group To Slash 8,000 Jobs In France As Its European Sales Tumble
French automobile group PSA Peugeot-Citroen has announced a major restructuring plan that will see the company shutting down one factory and axing some 8,000 jobs in its home market as a response to dwindling sales in Europe. For the first time in two...
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Opel Denies Report That The Next Zafira Will Be Developed By Psa Peugeot-citroën
The more General Motors European division and PSA Peugeot-Citroën deepen their newly formed strategic partnership, the more rumors come out. Earlier today, Germany's Spiegel magazine and Frankfurter Allgemeine Zeitung business daily reported...
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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...
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Opel Insignia Tops The Charts In Europe, Over 100,000 Orders In The First Quarter
While in their home turf, General Motors as well as Ford and Chrysler are taking a beating from Japanese automakers in the sedan segments, across the pond, GM's Opel Insignia has topped the charts in the first quarter of the year surpassing all competition...
Cars