SOCHAUX, France PSA Group is pressing the French government to revive sales incentives on rechargeable hybrid vehicles as it rolls out plug-in versions of its larger models to meet tightening European emissions rules, the carmaker said on Thursday. Automakers are rushing to deploy electric cars and hybrids, which combine battery power with a combustion engine, to meet EU carbon dioxide limits and avoid hefty fines.
PARIS France's Saft, a unit of energy company Total , expects its four-way European battery alliance to begin mass production of new generation lithium-ion batteries from early 2020.
PARIS, Sept 12 France's Saft, a unit of energy
company Total, expects its four-way European battery
alliance to begin mass production of new generation lithium-ion
batteries from early 2020.
PARIS Shares of French re-insurer Scor surged on Tuesday after its board turned down a friendly takeover offer from privately held insurance company Covea, with investors anticipating that a higher bid would materialise.
* Covea withdraws offer, but says still interested
(Adds details, updates Scor share price)
PARIS The head of Bouygues said on Thursday he was keeping an open mind about potential tie-ups in the French telecom sector but cautioned no deal was likely before early 2019.
* H1 current operating profit 303 mln euros, tops analysts'
PARIS French carmaker Renault achieved record profitability in the first half of the year, but currency and raw material costs weighed on its bottom line, with analysts suggesting it had been eclipsed by domestic rival PSA Group .
PARIS Peugeot maker PSA Group turned its recently acquired Opel-Vauxhall business sharply back into the black while achieving record first-half profitability at its French car brands, sending its shares to a 10-year high on Tuesday.
PARIS Carmakers PSA and Renault are vying to offer a car sharing scheme in Paris to replace Autolib, the electric car sharing service run by French tycoon Vincent Bollore's group that was recently ditched by local authorities after a dispute.