Newswire

  • Newswire

    PSA se compromete a mantener operativas las cuatro plantas de Opel - Bild am Sonntag  

    FRÁNCFORT, 19 feb (Reuters) - El Grupo PSA se ha comprometido con el gobierno alemán a seguir operando las cuatro plantas de producción alemanas de Opel como parte de la prevista adquisición por parte de la compañía automovilística francesa del negocio europeo de General Motors, publicó el periódico alemán Bild am Sonntag....More
  • Newswire

    PSA pledges to keep Opel's four German sites running - Bild am Sonntag  

    FRANKFURT, Feb 19 (Reuters) - PSA Group has pledged to the German government to continue operating all four of Opel's German production sites as part of the French carmaker's planned takeover of General Motors' European arm, German Sunday paper Bild am Sonntag reported. The planned sale was confirmed by both companies on Tuesday, raising the spectre of cutbacks in the wake of a deal because Europe's car industry has been dogged for years by overcapacity....More
  • Newswire

    Ford sees big Russia gamble vindicated as sales finally turn corner  

    * Ford's sales in Russia up 10 pct last year, beating rivals * Russian market seen growing in 2017 after 4-year decline * Ford sales now seen at 60,000 a year by 2020 - IHS * U.S. rival General Motors quit Russia in 2015 By Jack Stubbs and Gleb Stolyarov...More
  • Newswire

    Motor racing-Formula E achieves a first with Buemi and driverless cars  

    BUENOS AIRES, Feb 18 (Reuters) - Switzerland's Sebastien Buemi became the first driver to win three Formula E rounds in a row on Saturday with Argentine fans also witnessing another milestone with a 'race' between two driverless cars on the streets of Buenos Aires. Buemi, the reigning champion and an ex-Formula One driver, has now won all three races this season for the Renault e.dams team with Buenos Aires following on from Hong Kong and Morocco....More
  • Newswire

    UPDATE 1-PSA chief executive to meet UK's May about Vauxhall takeover  

    (Updates with confirmation of meeting from UK prime ministers' office, details from PSA and UK's business ministry) By Laurence Frost and David Milliken PARIS/LONDON, Feb 18 (Reuters) - 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....More
  • Newswire

    UPDATE 1-Chief minister wins stormy confidence vote in India's carmaking state  

    (Updates with trust vote, recasts throughout) NEW DELHI, Feb 18 (Reuters) - The chief minister of India's southern state of Tamil Nadu won a confidence vote on Sunday after a brawl in the state assembly, triggered when the speaker rejected opposition calls for a secret ballot. Edappadi Palanisamy won the vote by 121 to 11, which followed a weeks-long power struggle set off by the death of his party leader and former chief minister, filmstar-turned-politician Jayalalithaa Jayaram....More
  • Newswire

    PSA's chief seeks meeting with British PM on planned Vauxhall takeover  

    PARIS, Feb 18 (Reuters) - PSA Group's Chief Executive Officer has asked for a meeting with British Prime Minister Theresa May on the planned acquisition of General Motors' Opel and Vauxhall operations, a spokesman for the French carmaker said on Saturday. "Carlos Tavares has asked to meet Theresa May," the spokesman said. "It's the same approach that we've engaged with the German authorities."...More
  • Newswire

    UK offers Peugeot assurances on post-Brexit auto industry - FT  

    LONDON, Feb 18 (Reuters) - Britain has offered Peugeot manufacturer PSA Group assurances on post-Brexit trade and supply chains in an attempt to protect Vauxhall car plants after a possible takeover, the Financial Times reported on Saturday. Business minister Greg Clark met French politicians and PSA executives in Paris on Thursday to discuss their plan to buy General Motors' European unit, Opel, which include Vauxhall plants in Britain....More
  • Newswire

    BRIEF-Saeronautomotive to pay annual dividend as 190 won/share for FY 2016  

    Feb 18 (Reuters) - Saeronautomotive Corp : * Says it will pay annual cash dividend as 190 won/share for FY 2016, to shareholders of record on Dec. 31, 2016 * Total dividend amount is 3.65 billion won Source text in Korean: https://goo.gl/XhOaMn Further company coverage: (Beijing Headline News)...More
  • Newswire

    Brawling breaks out in "Detroit of Asia" state legislature  

    NEW DELHI, Feb 18 (Reuters) - Lawmakers broke chairs and smashed microphones in a state legislature in southern India on Saturday as a weeks-long power struggle following the death of a regional politician intensified. One official was injured in the scuffle among lawmakers inside the Tamil Nadu state assembly and was taken out on a stretcher, TV networks said....More
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Feb 10, 2017
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WardsAuto

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More

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