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  • Newswire

    Ford Europe Records 12% March Sales Increase  

    The automaker credits surging demand for small cars and compact SUVs for its 10th consecutive monthly sales gain in the region....More
  • Newswire

    Former Audi R&D Chief to Head VW's Bentley, Bugatti Brands  

    Wolfgang Duerheimer, who quit Audi last June amid conflict with staff, headed the VW brand's ultra-luxury stablemates for 19 months from February 2011....More
  • Newswire

    UPDATE 3-Peugeot cuts product line and costs in turnaround plan  

    * Peugeot targets 2 pct automotive margin for 2018 * CEO says firm to cut offering to 26 models from 45 * Pledges new programmes with tight lid on investment (Adds details, background) By Laurence Frost and Gilles Guillaume PARIS, April 14 (Reuters) - PSA Peugeot Citroen will nearly halve its product line and focus investment on new technology in an attempt to return to profit, the struggling carmaker's new boss Carlos Tavares said on Monday....More
  • Newswire

    Opel May Beat 2016 Break-Even Deadline, CEO Tells Journal  

    Karl Thomas-Neumann, CEO of General Motors' money-losing European unit, tells The Wall Street Journal he is sticking to his goal of breaking even by 2016 but doesn't discount the possibility of reaching profitability before then....More

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