BRIEF-GM Issues Statement On U.S./China Trade

April 4 (Reuters) – General Motors Co: * GM ISSUES STATEMENT ON U.S./CHINA TRADE * GM SAYS “SUPPORT A POSITIVE TRADE RELATIONSHIP BETWEEN THE U.S. AND CHINA” * GM SAYS URGES U.S. AND CHINA TO CONTINUE TO “ENGAGE IN CONSTRUCTIVE DIALOGUE AND PURSUE SUSTAINABLE TRADE POLICIES” Source text (bit.ly/2uT6YQj) Further company coverage: Go to Source

Agreement with unions: PSA invests in Opel plant in Luton

Agreement with unions PSA invests in Opel plant in Luton Starting next year, light commercial vehicles will be built on a PSA platform at Vauxhall’s British sister company’s factory. The PSA Group continues its investment offensive in Opel plants outside Germany. From 2019, the British sister brand Vauxhall should be lightweight in the Luton plant… Continue reading Agreement with unions: PSA invests in Opel plant in Luton

BMW Subscription Pilot Puts You in a Top Tier Car for $3,700 a Month

BMW AG’s new U.S. subscription pilot will put drivers into the brand’s top performance cars for as much as $3,700 a month as the German automaker tests a new ownership model with its most exclusive customers. The app-based service — which begins in Nashville, Tennessee, this week — provides members with unlimited access to a… Continue reading BMW Subscription Pilot Puts You in a Top Tier Car for $3,700 a Month

Statement on U.S./China Trade

We support a positive trade relationship between the U.S. and China, and urge both countries to continue to engage in constructive dialogue and pursue sustainable trade policies. We continue to believe both countries value a vibrant auto industry and understand the interdependence between the world’s two largest automotive markets.

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM 2018-04-04 Rüsselsheim. Groupe PSA is further strengthening the Engineering center in Rüsselsheim/Germany. Going forward, the Engineering teams in Rüsselsheim will lead the development for Light Commercial Vehicles (LCV) of Groupe PSA that are built on a dedicated LCV platform. “With this decision, we receive… Continue reading LCV DEVELOPMENT RESPONSIBILITY FOR GROUPE PSA TO BE BASED IN RUESSELSHEIM

CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

(This version of the April 3rd story corrects to delete reference to Brazil in second paragraph) A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM Orion Assembly plant in Orion, Michigan, U.S., June 13, 2017. REUTERS/Rebecca Cook By Joseph White DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday… Continue reading CORRECTED-UPDATE 3-GM to drop monthly U.S. vehicle sale reports

Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

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

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