RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: As the European LCV market leader, Groupe PSA (Paris:UG) intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to… Continue reading Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019
Tag: GM
PSA will invest 100 million euros in the UK
PSA pursues its strategy on vans launched with its subsidiary Opel / Vauxhall, recently acquired. After the synergies put in place in Spain and Portugal, the group claims to be the European leader in light commercial vehicles (LCVs) and will invest around 100 million euros at its Luton site in England. The objective: to increase… Continue reading PSA will invest 100 million euros in the UK
Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019
As the European LCV market leader, Groupe PSA intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to the existing Hordain facility in… Continue reading Investment in Luton plant to produce a brand new Opel/Vauxhall Vivaro by 2019
Carmakers proceed cautiously after EPA mpg announcement
Environmental Protection Agency Administrator Scott Pruitt speaks with auto industry leaders following a news conference at the Environmental Protection Agency in Washington, April 3, 2018, on his decision to scrap Obama administration fuel standards. (Photo: Andrew Harnik / AP) Washington — Detroit automakers say they’re committed to increasing the fuel economy of their cars, despite… Continue reading Carmakers proceed cautiously after EPA mpg announcement
UPDATE 3-GM to drop monthly U.S. vehicle sale reports
DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market and the company will, instead, issue quarterly sales reports. A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in… Continue reading UPDATE 3-GM to drop monthly U.S. vehicle sale reports
UPDATE 1-Fiat Chrysler’s March sales in Canada drop, GM slightly up
(Reuters) – Fiat Chrysler Automobiles said total sales in Canada slumped 8 percent to 24,490 vehicles in March, hurt by steep declines in demand for Chrysler and Dodge brands from a year earlier. A screen displays the ticker information for Fiat Chrysler Automobiles NV at the post where it’s traded on the floor of the… Continue reading UPDATE 1-Fiat Chrysler’s March sales in Canada drop, GM slightly up
Ford releases salary, pay ratio data for entire workforce
Jim Hackett, President and CEO of Ford Motor Company, speaks during their press preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: JEWEL SAMAD, AFP/Getty Images) Ford CEO Jim Hackett earned total compensation of $16.7 million in 2017, his first calendar year at the company’s helm, the automaker said Thursday.… Continue reading Ford releases salary, pay ratio data for entire workforce
GM partner's self-driving car gets a ticket from San Francisco cop
CLOSE Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. Ford Cruise Automation self-driving test vehicle navigates the urban streets of San Francisco, CA. (Photo: Karl Nielsen for Cruise Automation) It sounds like the setup for a joke: A self-driving car got a ticket last week in San Francisco, KPIX-TV… Continue reading GM partner's self-driving car gets a ticket from San Francisco cop
New 2018 Ford Focus teased ahead of 10 April reveal
Ford has teased the new fourth-generation Focus and has confirmed that its next family hatchback and Volkswagen Golf rival will be revealed on 10 April. The short teaser edit reveals some of the finer details of the new car’s design. We get a good look at the new headlights, complete with a fresh strikethrough LED… Continue reading New 2018 Ford Focus teased ahead of 10 April reveal
BRIEF-General Motors Says GM’S U.S. Retail Sales In March Were Up 14% Y-O-Y
* GENERAL MOTORS SAYS GM’S U.S. RETAIL SALES IN MARCH WERE UP 14 PERCENT YEAR OVER YEAR Source text (http://bit.ly/2Gz9T1P) Further company coverage: Go to Source