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.
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.
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.
Rüsselsheim/Hamburg Opel-Chef Karl-Thomas Neumann schwört die Mitarbeiter auf eine gemeinsame Zukunft mit dem französischen Autobauer Peugeot ein.
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.
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) .
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
Paris/Frankfurt/Hamburg Der US-Autobauer General Motors will seine Tochter Opel nach jahrelangen Verlusten an Peugeot verkaufen.
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.
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.