United States

Edward Taylor

Feb 22 2017

PSA says will honor existing Opel job guarantees

FRANKFURT/PARIS PSA Group has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors , though some analysts say thousands of jobs are eventually likely to go for the deal to work.

Feb 21 2017

Peugeot maker PSA says will honour existing Opel job guarantees

FRANKFURT/PARIS PSA Group told German Chancellor Angela Merkel and top labour representatives that it would uphold Opel and Vauxhall job guarantees if it buys the European arm of General Motors, though some analysts say thousands of job losses are likely eventually.

Feb 21 2017

Daimler to start making Mercedez-Benz cars in Russia

MOSCOW/FRANKFURT German automaker Daimler will open a plant near Moscow to make Mercedes-Benz cars, it announced on Tuesday, the first new investment by a major Western automaker since sanctions were imposed on Russia three years ago.

Feb 17 2017

Opel-Chef Neumann wirbt für Bund mit Peugeot

Rüsselsheim/Hamburg Opel-Chef Karl-Thomas Neumann schwört die Mitarbeiter auf eine gemeinsame Zukunft mit dem französischen Autobauer Peugeot ein.

Feb 17 2017

Merkel says to do all she can to secure Opel jobs in Germany

BERLIN/RUESSELSHEIM, Germany Germany will do all it can to secure Opel plants and jobs in the country if Peugeot maker PSA buys the General Motors (GM) business, Chancellor Angela Merkel said on Friday, highlighting the political challenges the carmakers face in sealing a deal.

Feb 16 2017

Deutsche Boerse CEO denies insider trading allegations

FRANKFURT The head of Deutsche Boerse said insider trading allegations against him were unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE) .

Feb 14 2017

GM in talks to sell European auto business to Peugeot

LONDON/FRANKFURT In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said on Tuesday they are in talks that could result in PSA buying GM's European auto operations. | Video

Feb 14 2017

GM kehrt Europa den Rücken - Opel soll an Peugeot gehen

Paris/Frankfurt/Hamburg Der US-Autobauer General Motors will seine Tochter Opel nach jahrelangen Verlusten an Peugeot verkaufen.

Feb 14 2017

Exclusive: GM's Opel and PSA Group in merger talks - sources

LONDON/FRANKFURT General Motors and PSA Group are in advanced discussions to combine the French carmaker with GM's European Opel business, two sources with knowledge of the matter told Reuters on Tuesday.

Feb 09 2017

VW turns on ex-chairman over emissions allegations

FRANKFURT Volkswagen signalled it could take legal action against former chairman Ferdinand Piech after a media report said he had informed top directors about potential cheating of diesel emission tests six months before the scandal became public.

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