Edition:
United States

Laurence Frost

Feb 23 2017

Peugeot-Opel deal promises Big Bang in small cars: sources

PARIS French carmaker PSA Group is planning an engineering blitz to redevelop Opel's core models with its own technology if it succeeds in buying General Motors' European arm, company sources and advisers told Reuters.

Feb 23 2017

Peugeot lifts profitability goal on record year

PARIS PSA Group , the French carmaker in talks to buy Opel from General Motors , announced its first dividend in six years and raised its medium-term profitability goal on Thursday after full-year profit almost doubled. | Video

Feb 23 2017

Peugeot verspricht bei Opel-Übernahme rasche Erfolge

Paris/Hamburg Der französische Autobauer PSA Peugeot Citroen drängt bei der angestrebten Übernahme von Opel zur Eile.

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 18 2017

PSA chief executive to meet UK's May about Vauxhall takeover

PARIS/LONDON The chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' Opel and Vauxhall operations, a government spokesman said on Saturday.

Feb 15 2017

Bosses defend Peugeot-Opel deal under political fire

FRANKFURT/PARIS PSA Group and General Motors mobilized their chief executives on Wednesday to defend the Peugeot maker's planned acquisition of GM's Opel against a German-led backlash that could derail the deal even before its terms are finalised. | Video

Feb 14 2017

Michelin expects boost to profits from mining sector recovery

PARIS Michelin said an upturn in mining sector demand for its outsize earthmover tyres will help to increase earnings this year, as the French tyre maker posted a 4.5 percent gain in operating profit for 2016.

Feb 10 2017

France's Renault stake blocks deeper Nissan deal - CEO

PARIS Renault and alliance partner Nissan are ready to forge closer capital ties but will only do so if France sells its Renault stake, Chief Executive Carlos Ghosn said on Friday.

Feb 10 2017

France's Renault stake blocks deeper Nissan deal: CEO

PARIS Renault and alliance partner Nissan are ready to forge closer capital ties but will only do so if France sells its Renault stake, Chief Executive Carlos Ghosn said on Friday. | Video

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