News
AUTO NEWS: PHEVs have a role in transition to EVs – PSA
- Date: 02-12-19
- Category: AUTO NEWS
- Source: Just Auto
Plug-in hybrids (PHEVs) still have a big role to play in electrification, as a way to help ease drivers across from petrol or diesel cars to fully electric vehicles (EVs), according to PSA Group.
View full storyAUTO NEWS: Continental to cut 5,000 jobs as combustion engine demand falls
- Date: 21-11-19
- Category: AUTO NEWS
- Source: Europe Auto News
FRANKFURT -- Continental will reduce its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, resulting in around 5,040 job losses by 2028.
View full storyAUTO NEWS: Billionaire Agnellis Grab a Massive Sweetener
- Date: 31-10-19
- Category: AUTO NEWS
- Source: Bloomberg
Fiat has extracted a chunky premium for what is essentially a takeover by Peugeot. No wonder the latter's shareholders are unimpressed.
View full storyAUTO NEWS: Plunging Peugeot Shows Who the Buyer Is in Merger of Equals
- Date: 31-10-19
- Category: AUTO NEWS
- Source: Bloomberg
Fiat Chrysler Automobiles NV and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It didn’t take long for investors to figure out who the buyer is.
View full storyAUTO NEWS: Fiat Chrysler, PSA confirm talks on potential tie-up
- Date: 30-10-19
- Category: AUTO NEWS
- Source: Auto News Europe
MILAN/PARIS -- Fiat Chrysler Automobiles and PSA Group said they are in talks about a possible combination, in a potential deal that would reshape the global auto industry and create a European powerhouse to rival Volkswagen Group.
View full storyAUTO NEWS: Faurecia to acquire remaining 50% of SAS Joint Venture to expand integration to cover all interior modules
- Date: 14-10-19
- Category: AUTO NEWS
- Source: Faurecia
Faurecia today announced that it has signed a Memorandum of Understanding to acquire the remaining 50% of its SAS joint venture from Continental.
View full storyAUTO NEWS: Toyota Establishes Joint Research Institute with China's Tsinghua University
- Date: 02-10-19
- Category: AUTO NEWS
- Source: Just Auto
Toyota says it is to establish a 'Joint Research Institute' with China's Tsinghua University. Through the Joint Research Institute, the two plan to conduct various research together over the next five years.
View full storyAUTO NEWS: FCA talks are 'in the past,' Renault CEO says
- Date: 10-09-19
- Category: AUTO NEWS
- Source: Europe Auto News
FRANKFURT -- Fiat Chrysler Automobiles' merger offer for Renault was "in the past" and the two parties have not resumed discussions, the French carmaker's CEO, Thierry Bollore, said.
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