Author: Automotive News n Feed

UK Prime Minister Theresa May and German Chancellor Angela Merkel have both spoken with PSA CEO Carlos Tavares in the last few days as the executive looks likely to preside over a deal with Opel/Vauxhall that may put UK and German car jobs at risk.

Ghosn gives up Nissan CEO title; Tesla narrows Q4 loss; Arraignment set for VW exec; PSA a partner in LA, San Francisco airport car-sharing venture; Sweet spots for EV sales.

PSA Group CEO Carlos Tavares laid out his vision for Opel that includes expanding the German brand outside its European home market.

PSA Group CEO Carlos Tavares laid out his vision for Opel that includes expanding the German brand outside its European home market, possibly into the United States.

Nissan said the Brexit-induced fall in the pound, which dropped by some 15 percent against the euro after the June referendum, had left it slightly worse off in the UK as the extra cost of importing euro-denominated parts outweighed the currency…

PSA’s proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said.

PSA’s proposed acquisition of Opel would swiftly create savings and value for both companies, Carlos Tavares, the French carmaker’s CEO, said.

PSA’s proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said.

UK car production rose by an annual 7.5 percent in January to hit its highest level since 2008, as strong demand for exports compensated for a decline in demand at home, according to data from the SMMT industry body.

PSA will be a partner in TravelCar, a ride-sharing service set to begin in April at airports in San Francisco and Los Angeles, as the automaker takes the first steps toward re-entering the North American market.