Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions

LISTEN TO ARTICLE SHARE THIS ARTICLE PSA Group, the maker of Peugeot and Citroen cars, has suspended its push into Iran, becoming the latest major European company to pull back after the U.S. canceled a nuclear accord with the Islamic republic. The French automaker has begun closing down its joint ventures with Iranian carmakers Iran… Continue reading Peugeot Maker Halts Iran Expansion, Yielding to US Sanctions

Peugeot stopt activiteiten in Iran

Gepubliceerd op 4 jun 2018 om 19:38 | Views: 1.901 | Onderwerpen: Iran Artikel Gerelateerde instrumenten Peugeot 11:08 21,00 -0,06 (-0,28%) TEHERAN (AFN/BLOOMBERG) – PSA Peugeot trekt zich terug uit Iran. Het Franse autoconcern neemt die stap als gevolg van het opzeggen van het atoomakkoord door de Verenigde Staten en hernieuwde sancties tegen Iran. Het… Continue reading Peugeot stopt activiteiten in Iran

Lotus CEO Jean-Marc Gales Leaves To Run A Classic Car Restoration Company

Photo credit: Lotus Chief executive officer of Lotus Jean-Marc Gales just stepped down “for personal reasons,” and will join a company that restores and sells old classic cars. Replacing Gales at Lotus is Feng Qingfeng, vice president and chief technical officer of Geely, the Chinese company that, as of 2017, has owned a controlling stake… Continue reading Lotus CEO Jean-Marc Gales Leaves To Run A Classic Car Restoration Company

Volume still low but JLR sticks with Brazil assembly plant

A Range Rover Evoque poses in front of its Brazilian assembly plant Despite production volumes way short of expectations, Jaguar Land Rover has no plans to close its Brazilian assembly plant, a top executive has said. JLR opened the Brazilian plant in 2016 in the village of Itatiaia, 280km (175 miles) northwest of Rio de… Continue reading Volume still low but JLR sticks with Brazil assembly plant

It’s Trump Against the World in Any Trade War

LISTEN TO ARTICLE SHARE THIS ARTICLE Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Time is slipping away to avoid a full-blown trade war. U.S. President Donald Trump heads to Quebec this week for a Group of Seven summit, where he’ll meet the leaders… Continue reading It’s Trump Against the World in Any Trade War

A 25000-Mile Road Trip Set Sanchez on Path to Power in Spain

LISTEN TO ARTICLE SHARE THIS ARTICLE On the way to the 2015 election’s biggest debate, Pedro Sanchez’s team were psyching up the candidate. Their strategy hinged on nailing Prime Minister Mariano Rajoy for his ties to a party corruption racket. They’d rehearsed the line — Rajoy wasn’t fit to hold the office — and they… Continue reading A 25000-Mile Road Trip Set Sanchez on Path to Power in Spain

Non, la Chine ne rachète pas la France !

La France investit bien plus en Chine que les Chinois sur notre sol. Au niveau mondial, notre pays est loin d’être la terre d’accueil privilégiée des investisseurs chinois. Nous avons tort de nous en réjouir. Vous aimez cet article ? Partagez le ! Par Steven Zunz. L’année 2018 pourrait bien marquer le début d’un regain… Continue reading Non, la Chine ne rachète pas la France !

Deripaska Plans Auto Stake Sale to Lift Sanctions

Russian billionaire Oleg Deripaska is discussing selling part of his automotive business to minority investors, including former Magna International Inc. chief Siegfried Wolf, as part of a plan to end sanctions on the company. Deripaska is in talks with Wolf, whom he has known for more than a decade, about selling a portion of his… Continue reading Deripaska Plans Auto Stake Sale to Lift Sanctions

Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV plans to take a bigger bite out of the U.S. luxury market by filling up its Alfa Romeo brand’s model lineup. As part of an ambitious five-year plan that Sergio Marchionne unveiled Friday outside Turin, Italy, the chief executive revealed that Alfa Romeo has seven… Continue reading Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar

LISTEN TO ARTICLE SHARE THIS ARTICLE Alfa Romeo announced on Friday that it will produce a supercar that could go up against the likes of Ferrari, McLaren, and Porsche. The upcoming coupe, which will be called the 8C, will run on a turbo-charged mid-engine, using an all-wheel-drive electric drive system. Total output will equal at least 700 horsepower,… Continue reading Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar