Cars
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.
- 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...
- Morgan Stanley Report Says Gm Should Get Rid Of Cash-bleeding Opel
General Motors is keeping its Opel/Vauxhall European brands, despite losing money. In an attempt to reduce costs, utilize its plants’ output and face the European financial crisis, it has formed an alliance with PSA Peugeot Citroen. Yet analysts...
- 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...
- Gm And Psa Peugeot Citroen Appoint Members To New Joint Panel
The fast moving alliance created last month by General Motors and PSA Peugeot Citroen is wasting no time getting things into order as the two companies today announced the creation of a joint panel with five senior executives from each side (see the...
- Gm And Psa Peugeot-citroen In Talks About A Possible Alliance
In an interview with radio station Europe1 on Tuesday, French Labor Minister Xavier Bertrand revealed that PSA Peugeot-Citroen CEO Philippe Varin informed the government that the automaker is talking to General Motors about forming an alliance. Reuters...
Cars
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 Motors and PSA Peugeot Citroen are discussing a “strategic alliance†in Europe that could prove beneficial for both companies.
GM would find a way to cut costs in its Opel and Vauxhall brands, which are bleeding cash for what seems like forever, while Peugeot and Citroen would use GM as a means to increase their volume and lessen their dependence on the troubled European market by expanding elsewhere.
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...
- Morgan Stanley Report Says Gm Should Get Rid Of Cash-bleeding Opel
General Motors is keeping its Opel/Vauxhall European brands, despite losing money. In an attempt to reduce costs, utilize its plants’ output and face the European financial crisis, it has formed an alliance with PSA Peugeot Citroen. Yet analysts...
- 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...
- Gm And Psa Peugeot Citroen Appoint Members To New Joint Panel
The fast moving alliance created last month by General Motors and PSA Peugeot Citroen is wasting no time getting things into order as the two companies today announced the creation of a joint panel with five senior executives from each side (see the...
- Gm And Psa Peugeot-citroen In Talks About A Possible Alliance
In an interview with radio station Europe1 on Tuesday, French Labor Minister Xavier Bertrand revealed that PSA Peugeot-Citroen CEO Philippe Varin informed the government that the automaker is talking to General Motors about forming an alliance. Reuters...