General Motors to wind down Australia, NZ operations, sell Thai plant to Great WallIn rearranging its global operations, GM is accelerating its retreat from unprofitable markets, becoming more dependent on the United State...
Modi's Make in India may get $6 billion cheque from Lotte, PeugeotModi’s plan encourages foreign firms to manufacture locally by offering easier land acquisition, pruning the number of approvals and, in so...
Hindustan Motors rises on Ambassador brand saleProduction of the iconic 59-year old car was stopped 3 years ago, on May 24, 2014 at the Uttarpara factory of Hindustan Motors.
Peugeot owner said to explore acquisition of GM’s European businessThe French carmaker is in talks to acquire Opel and UK sister brand Vauxhall from GM and an agreement could be reached in the coming weeks,...
Hindustan Motors surges over 10% on selling iconic Ambassador brand to PeugeotShares of the company opened at Rs 12.80 and touched a high and low of Rs 12.80 and Rs 12.11, respectively, in trade so far.
Peugeot set to remake car line-up with $7.2 billion boostCarlos Tavares, PSA Peugeot Citroen's incoming chief executive officer, laid out aggressive plans to use $7.26 billion in funds from invest...
Car firms & dealers in China pamper new customers by offering manicures, movies and free foodWhile the time needed to make a sale would be considered excessive in US, it’s normal for Chinese car dealers to entertain multiple visits ...
- European car sales dip most in a year on weak economy
European car sales dropped the most in more than a year, led by Renault SA and PSA Peugeot Citroen as consumers shied away from purchases a...
- Renault sales up 7.6 percent in 3rd quarter
French car maker Renault says its sales rose 7.6 percent in the third quarter as strong demand in Brazil and Russia helped offset a shrinki...
- Renault sales grow 22 percent in first half
France's Renault SA reported Thursday a 21.6 percent rise in car sales in the first half of the year, boosted by growth in emerging markets...
- Renault eyes return to profit in 2011
Renault SA CEO Carlos Ghosn said on Friday that he expects the French carmaker to return to profit in 2011 at the latest.
- Renault Q1 revenue up 28 per cent
French carmaker Renault SA said Tuesday that revenue in the first quarter increased 28 percent helped by market share gains in a growing gl...
- Renault 2008 net profit falls 78 percent
France's Renault SA says it posted a net loss in the second half of 2008 as the financial and economic crisis hit car sales.
- Post-Chrysler, Fiat eyes Europe deals
Fiat Spa Chief Executive Officer Sergio Marchionne, architect of a planned tie-up with Chrysler LLC, may still regard a European alliance a...
- France lures Renault, Peugeot with cash to keep plants open
France extended more credit to PSA Peugeot Citroen and Renault SA and said aid to the carmakers may reach 6 bn euros ($7.8 bn) in return fo...
- European car sales rise 9.6 per cent on surging German market
Sales of new cars in Europe rose 9.6 percent in April from a year ago as car showrooms gained from fewer holidays and a German market recov...
- Auto cos turn to virtual humans for a safer drive
An international consortium of nine automakers and two parts suppliers is asking researchers for proposals to develop “virtual humans” - co...