PSA boss demands half of the Opel purchase price – at least

PSA boss Tavares feels ripped off by General Motors. Because of the dirty Opel engines, the carmaker was worth much less. Now the French want more than half a billion back. Jürgen Pander Opel stand at the IAA: Here is the new Grandland X Wednesday, 29.11.2017 18:10 clock Four months after the purchase of Opel… Continue reading PSA boss demands half of the Opel purchase price – at least

PSA expects before assumption with further losses

The purchase of Opel by Peugeot is a done deal. But there is no way around a hard renovation. Because the future Opel mother PSA expects this year with red numbers. PSA boss Carlos Tavares Wednesday, 10.05.2017 12:55 clock The future Opel owner PSA sets itself this year on red numbers at the Rüsselsheim carmaker.… Continue reading PSA expects before assumption with further losses

Opel presents restructuring plan – without notice

Three months after the takeover by the French PSA group Opel has presented a reorganization concept: The car maker wants to renounce terminations and plant closures. Opel factory premises in Rüsselsheim Thursday, 09.11.2017 10:28 At its restart, the automaker wants Opel get by without operational redundancies and plant closures. Wage costs are to be reduced… Continue reading Opel presents restructuring plan – without notice

Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Aston Martin Lagonda Ltd, a British luxury sports car manufacturer, has suspended a previously announced partnership with struggling Chinese tech company LeEco to jointly develop electric vehicles for the global markets. It is unclear why Aston Martin decided to suspend the partnership, but it is most likely directly related to LeEco’s financial troubles as LeEco… Continue reading Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Yidao CEO blames LeEco for cash problems

Yidao CEO blames LeEco for cash problems · TechNode Jan 18, 2018 Dec 26, 2017 Oct 26, 2017 Jan 8, 2018 Dec 21, 2017 Aug 2, 2017 Jan 3, 2018 Dec 1, 2017 Aug 1, 2017 Dec 29, 2017 Dec 1, 2017 Jun 28, 2017