Cars
Report Suggests Peugeot Family May Grant Complete Control Over to GM
PSA Peugeot Citroen is the modern development of the coffee mill company founded by the Peugeot family in 1810. In fact, the same family still holds a 24.4 percent stake in the company as well as 38.1 percent of the voting rights – they still kind of run the automaker. However, that may soon change, as according to a Reuter's report, unnamed internal sources apparently suggested, “the Peugeot family has now accepted that they’ll lose control, so this is no longer an issue.â€
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Drive Visits Morgan's Factory In The Uk
Morgan Motor Company is proud to be one of, if not the last truly family owned historic carmaker in the world. Not in any way like the Peugeot family’s ownership of PSA, because the smaller scale of Morgan’s operation, as well as their...
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Peugeot 408 Sedan Production Begins In South America
Following on from the launch and the start of production of the new 408 sedan in China earlier this year, Peugeot announced on Monday that it has begun building the compact saloon at the PSA Peugeot Citroën Palomar factory, in Buenos Aires, Argentina....
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Vw Group Completes Purchase Of Italdesign Giugiaro S.p.a
Europe's largest carmaker, the Volkswagen Group, completed the acquisition of Italdesign Giugiaro S.p.A. (IDG) on Monday and now holds a 90.1 percent stake in the Italian design and engineering firm as well as the company's brand name rights...
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2010 Peugeot 408 Sedan: New Renderings Based On Inside Info
These are the latest speculative renderings of Peugeot's 407 mid-size sedan replacement that is due to arrive in European showrooms sometime during the fourth quarter of 2010. The crew over at French car magazine L'Auto Journal told us that the...
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Ferrari’s Son To Buy Shares In Pininfarina Along With India’s Tata Motors
Pininfarina confirmed today that the son of Enzo Ferrari, Piero (VP of Ferrari) will be among those who will be buying shares in the problematic Italian car design and manufacturing company. The other investors are Indian industrialist Ratan Tata, French...
Cars